News Score: Score the News, Sort the News, Rewrite the Headlines

SK Hynix posts record first-quarter profit, in line with estimates as memory prices climb

A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company's Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty ImagesSouth Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand. While its earnings were broadly in line with estimates, revenue missed forecasts.Here are SK Hynix's first-quarter results versus LSEG smart estimates, which ...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines