The Business Times
business-time-50

Nvidia supplier SK Hynix posts record quarterly profit, meets forecasts

Summarise
Published Wed, Oct 29, 2025 · 07:14 AM
    • SK Hynix reported an 11.4 trillion won (S$10.4 billion) operating profit for the July-September period, up 62 per cent from a year earlier.
    • SK Hynix reported an 11.4 trillion won (S$10.4 billion) operating profit for the July-September period, up 62 per cent from a year earlier. PHOTO: REUTERS

    [SEOUL] South Korea’s SK Hynix posted on Wednesday a record quarterly profit, spurred by an artificial intelligence boom that has driven up demand for both advanced chips and conventional products.

    The Nvidia supplier reported an 11.4 trillion won (S$10.4 billion) operating profit for the July-September period, up 62 per cent from a year earlier.

    The figure was in line with an 11.4 trillion won forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.

    Quarterly revenue for the South Korean firm rose 39 per cent in the third quarter to 24.4 trillion won. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    SK HynixArtificial IntelligenceSemiconductors

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    CDL plans to divest S$6 billion of assets and invest S$5 billion over FY2027 to FY2029.

    Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review

    Ang’s San Miguel holds nearly 25% of Luzon’s installed capacity and Lopez’s First Gen accounts for 12%.

    Deal between tycoon friends sparks scrutiny of Philippine power sector

    Tuas Road Viaduct’s phase two will extend the viaduct at its western and eastern ends, and will link Pioneer Road, Tuas South and Tuas Port.

    Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More