2023-10-27 17:36:07.AIbase.2.6k
SK Hynix Expects AI Boom to Drive Chip Business Growth, Significant Narrowing of Third Quarter Losses
SK Hynix states that the boom in artificial intelligence will strongly drive profit growth in the chip business. The robust demand for AI chips helps alleviate the decline in general chip demand. There is a gradual increase in demand for high-end DRAM chips, especially with HBM chips performing exceptionally well. SK Hynix expects the memory chip market to recover next year, and its DRAM business returned to profitability in the third quarter.
