Nvidia supplier SK Hynix posts record quarterly profit, beating expectations

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SK Hynix logo displayed connected a telephone surface arsenic seen successful this illustration photograph taken successful Krakow, Poland connected January 30, 2023.

Jakub Porzycki | Nurphoto | Getty Images

South Korea's SK Hynix, 1 of the world's largest representation chipmakers, connected Thursday posted a grounds quarterly profit, boosted by beardown income of its precocious bandwidth representation (HBM) utilized successful generative AI chipsets.

Here are SK Hynix's third-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are much consistently accurate:

  • Revenue: 17.57 trillion won ($12.7 billion) vs. 18.11 trillion won
  • Operating profit: 7.03 trillion won ($5.08 billion) vs. 6.8 trillion won

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