Nvidia supplier SK Hynix has already sold next year’s chips on AI boom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.SK Hynix said it had already sold next year’s production of semiconductors as the leading supplier of advanced memory chips to Nvidia posted record profits on the back of an artificial intelligence boom.Operating profit in the third quarter jumped 62 per cent year on year to a record Won11.4tn ($8bn), in line with analyst forecasts compiled by LSEG SmartEstimate. Revenue ros...
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