Financial Performance
SK Hynix reported a significant increase in Q1 revenue and operating profit, driven by strong demand for AI chipsets, exceeding market forecasts.
The company's net income soared to 8.1 trillion won ($5.7 billion), a more than fourfold increase from the previous year, attributing the success to high bandwidth memory (HBM) sales.
Market Dynamics and Future Outlook
SK Hynix faces macroeconomic uncertainties, including potential US tariffs on semiconductors, but expects limited impact on AI server demand.
The company forecasts a doubling of HBM sales in 2025 from 2024 levels, with strong demand from AI model developments and partnerships with major clients like Nvidia.