South Korean chipmaker SK hynix reports 1,242% profit surge on booming AI demand
South Korea’s SK hynix said on Wednesday that second-quarter net profit soared 1,242% year-on-year, driven by the artificial…
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations
(Bloomberg) — SK Hynix Inc.’s (SKHY) quarterly profit rose a smaller-than expected 557%, adding to heightened fears that…
SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts
SEOUL, July 29 (Reuters) – South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly…
Here Are 7 Important Things Investors Learned from SpaceX’s S-1 Filing
SpaceX, the aerospace and artificial intelligence (AI) company founded by Elon Musk, recently filed its S-1 prospectus ahead…
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power
SAN FRANCISCO, May 20 (Reuters) – Anthropic is closing in on its first quarterly operating profit, a person…
Kioxia Shares Hit New High After AI Fuels Huge Profit Increase
(Bloomberg) — Kioxia Holdings Corp.’s shares rose 16% to a new high on Monday, as buy orders flooded…
Memory maker Kioxia sees $8.2 billion Q1 profit on AI boom
TOKYO, May 15 (Reuters) – Japanese memory chipmaker Kioxia said on Friday it expected operating profit for the…
Samsung Electronics sees robust AI demand after Q1 profit surges eightfold to set record
SEOUL, April 30 (Reuters) – Samsung Electronics said on Thursday its operating profit jumped eightfold to a record…
AI boom lifts Nokia sales, shares hit 16-year high after earnings beat
By Gianluca Lo Nostro and Agnieszka Olenska April 23 (Reuters) – Nokia raised the growth targets for its…
Chip giant SK hynix posts record quarterly profit on AI boom
Revenue surpassed 50 trillion won for the first time in a single quarter, while operating profit nearly doubled…
Nvidia supplier SK Hynix’s Q1 profit rises five-fold to a record high on AI boom
By Heekyong Yang and Joyce Lee SEOUL, April 23 (Reuters) – South Korea’s SK Hynix posted a more…
Samsung Beats High Estimates After AI Chip Sales Defy War Fears
(Bloomberg) — Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for…