STRONGER SALES OF HBM3E CHIPSAnalysts said the outperformance came largely from the rapid expansion in sales of the 12-layer HBM3E memory chips, which are critical for training large language models and other generative AI applications.SK Hynix is the No.supplier of advanced AI chips to Nvidia Corp.“The memory market recovered faster than expected in the first quarter, supported by AI-related demand and inventory restocking,” the company said in a statement.“We responded by ramping up sales of high-value products such as HBM3E and DDR5.”SK Hynix’s operating margin improved to 42%, continuing an eight-quarter streak of sequential improvement.
Investment discipline remains tight, with its new fab in Cheongju, M15X, and another fab in Yongin proceeding on schedule for commercial operations in late 2025 and mid-2027, respectively.“We will continue to prioritize investment efficiency, focusing on products with high demand visibility and secured profitability,” said Chief Financial Officer Kim Woo-hyun.“As the leader in AI memory, we aim to deepen collaboration with partners, push technological boundaries, and secure sustainable profit growth through unmatched competitiveness.”By In-Soo Namisnam@hankyung.comJennifer Nicholson-Breen edited this article.
SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the second-highest quarterly earnings in its history, driven by soaring demand for high-bandwidth memory (HBM) used in artificial intelligence applications.
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