Samsung Q4 2024 results fall short of expectations, despite record-breaking memory sales
Comes as Nvidia CEO Jensen Huang says Samsung has struggled to develop HBM chips for AI
News - HBM
The latest news from the data center, telco, and cloud sector
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SK Hynix posts record quarterly revenues, says demand for AI memory will carry into 2025
Highest quarterly operating profit ever recorded by the memory chip manufacturer
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Samsung Electronics cuts global workforce again amid sliding market dominance
Latest layoff round to impact workers in Southeast Asia, Australia, and New Zealand
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SK Hynix awarded $450m in proposed funding under US CHIPS Act
Will be used to support chip manufacturer’s $3.87bn HBM plant in West Lafayette, Indiana
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Fueled by memory chip demand, SK Hynix posts highest quarterly profits since 2018
Korean company's operating profit was $3.96bn in Q2 2024
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Huawei partners with Wuhan Xinxin to develop advanced memory chips for AI - report
High-bandwidth memory critical component of AI chips
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US gov't considers expanding China chip sanctions to include HBM and gate-all-around technology
Scope of regulations still being determined
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Growing memory chip demand fuels 933% increase in Samsung Electronics’ operating profit
First quarter revenue totaled $52.3bn
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TSMC signs MoU with SK Hynix for HMB4 production; posts Q1 2024 financial results
Partnership will see SK Hynix adopt TSMC’s foundry processes for next-generation HMB production
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SK Hynix could invest $1bn in advanced chip packaging
Investment will be used to advance power consumption and performance
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SK Hynix to build new packaging plant in Indiana
In 2022, the company pledged to invest $22bn in US-based projects