The $100B memory war: Inside the battle for AI's future
Feature The AI gold rush is so large that even third place is lucrative
Storage
16 Oct 2025 | 9
With record revenue, SK hynix brushes off suggestion of AI chip oversupply
SK hynix posted on Wednesday what it called its "highest revenue since its foundation" for Q3 2024 as it pledged to continue minuting more AI chips. Revenue totaled ₩17.6 trillion ($12.7 billion), up 94 percent year-on-year. Operating profit stood at ₩7 trillion ($5 billion) after only last year reporting a ₩1.8 trillion ($1.3 …
Biting the hand that feeds IT
