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Investing.com - CLSA raised its price target on SK Hynix (KS: 000660) to KRW375,000 from KRW350,000 on Friday, while maintaining a High-Conviction Outperform rating on the stock.

SEOUL – South Korean chip giant SK Hynix reported record quarterly profits on Thursday, thanks to soaring demand for artificial intelligence (AI).

South Korean chip giant SK Hynix Inc yesterday reported record quarterly profits, thanks to soaring demand for artificial intelligence (AI). The world’s second-largest memorychip maker dominates the ...

South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring demand for artificial intelligence. It comes after Taiwan chip giant TSMC last week announced a surge in ...

Businesses focused on artificial intelligence are raking it in so far this earnings season. Those catering to actual people, less so.

SK hynix, the world's top memory chip-maker by revenue, hit an all-time high quarterly operating profit of 9.2 trillion won ($6.73 billion) in the April-June pe ...

SK hynix expanded sales of 12-high HBM3E in the DRAM space, while registering a growth in sales of NAND for all applications. With the industry-leading competitiveness in AI memory and ...

SK Hynix is confident the boom in high-bandwidth memory chips is set to continue. That is good news not only for the South Korean company, but should also bolster its U.S. rival Micron Technology.

SK Hynix Inc. outlined plans to quicken spending on advanced memory chip capacity after reporting record earnings, reflecting surging AI demand and a drive to stay ahead of rivals. The South Korean ...

[SEOUL] SK Hynix flagged plans to lift spending this year on advanced chipmaking after posting a record quarterly profit on Thursday, boosted by strong demand for artificial intelligence chips and ...

Seoul shares kicked off sharply higher Thursday on the strong performance of big-cap tech shares, in particular SK hynix, boosted by record-high second-quarter earnings.