Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom - NVIDIA (NASDAQ:NVDA)
1. SK Hynix's revenue skyrocketed 102% to $46.34 billion in 2024. 2. AI memory products drove significant profit turnaround for SK Hynix. 3. Fourth-quarter revenue rose 75% year-over-year, with major growth in high-bandwidth memory. 4. CFO highlighted a strategic focus on high-value memory technology investments. 5. SK Hynix's profits and increased dividends reflect strong strategic positioning in the AI sector.