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Utah Independent

Hynix sells out AI memory chips through 2029 on record USD 74.64 billion revenue

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Hynix sells out AI memory chips through 2029 on record USD 74.64 billion revenue
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SK hynix says demand for DRAM and high-bandwidth memory (including HBM4) has effectively booked its output through 2029, supported by sustained AI spending. In its latest quarterly results, the South Korean memory maker reported record profitability, with revenue crossing 100 trillion won (about USD 74.64 billion) for the first time, according to The Korea Herald. Operating profit jumped 632.1% year-on-year to 83.33 trillion won (about USD 62.22 billion), beating projections of 77 trillion won. Revenue rose 327.9% to 104.62 trillion won, while net profit reached 39.78 trillion won. The company also expanded shareholder returns, adding a 20 trillion won buyback and a 20,000 won per-share dividend.

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