SK hynix surges in Q3 earnings, leading HBM market
SNDK Sandisk Corp
$859.99 -2.99%
View chart & analysis → - 1SK hynix recently recorded Q3 revenue of $78.9 billion, achieving a 328% revenue growth rate.
- 2SK hynix recently recorded a 632% operating profit growth rate, achieving $62.3 billion in operating profit.
- 3SK hynix management stated that surging memory demand may continue for the next few years.
So what's the key point?
SK hynix saw a massive increase in revenue and operating profit. It is very good news for the company as the number of people looking for memory is expected to keep growing.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.