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Nvidia supplier SK Hynix clocks record Q2 profit, sees AI demand remaining strong
Investing.com-- Nvidia memory chip supplier SK Hynix Inc (KS: 000660) clocked a record profit for the second quarter on robust demand from the artificial intelligence industry, which it expects to remain strong in the coming quarters.
Nvidia Supplier SK Hynix Q2 Profit Rises 69%, Meets Forecasts
The Nvidia supplier reported a 9.2 trillion won ($6.69 billion) operating profit for the April-June period versus 5.5 trillion won a year earlier. That compared with a 9.0 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.
During the Q2 earnings call, Alphabet's management updated some details of its financial guidance. Alphabet now plans to spend around $85 billion on capital expenditures (capex) in 2025. Of note, this ...
He argues that Wall Street may be underestimating the scale of AI?driven growth as use cases shift from testing to full?scale ...
There’s a strong case to be made for both NVIDIA and Qualcomm heading into Q2. NVIDIA has the momentum, the growth story, and the analyst attention, but it comes with a richer valuation.
On July 10, 2025, Andrew Hill Investment Advisors disclosed in its second-quarter 13F filing with the SEC that it had ...
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