Enterprise
SK Hynix profit jumps 632% as it says memory shortage will last to 2030
SK Hynix reports record quarterly profits with operating income up 632% as the company forecasts a memory shortage extending through 2030.
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Gadgets
Apple memory supplier expects price increases through at least 2030
Apple memory supplier SK Hynix warns of RAM and flash memory shortages lasting through 2030, with Apple among priority customers but not protected from price increases.
AI
AI chip giant SK hynix says quarterly operating profit soars 630%
SK Hynix reports operating profit surge of 632% in Q3, driven by record demand for AI-optimized memory chips.
Enterprise
SK Hynix says memory shortages to persist until 2030
SK Hynix predicts memory shortages will persist through 2030, driven by AI adoption and infrastructure investment, positioning the company to boost profits despite capacity constraints.
Startups
SK Hynix drops US IPO plan for Solidigm: Report
SK Hynix has abandoned plans for a US IPO of its subsidiary Solidigm, per reports.