logo
welcome
CNBC

CNBC

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

CNBC
Summary
Nutrition label

89% Informative

Operating profit for the third-quarter hit a record 7.03 trillion won ( $5.08 billion ), beating LSEG's forecast of 6.8 trillion won.

The South Korean chip giant is a key supplier to Nvidia and has benefitted from a boom in artificial intelligence servers.

The company said last month that it has started mass production of its latest version of HBM chips.

VR Score

94

Informative language

96

Neutral language

80

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links