SK Hynix logs record profit in Q2, doubling Samsung’s earnings

SK Hynix showcased a sample of the world’s first 16-layer HBM3E at CES 2025

SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit gains in both operating profit and revenue.

Its operating profit soared 68.5% to 9.21 trillion won ($6.7 billion) in the second quarter from the year prior on a consolidated basis, according to its regulatory filing on Thursday.

Compared to the first quarter, the earnings jumped 23.8% and marked its highest-ever quarterly results since the 8.1 trillion won recorded in the fourth quarter of 2024

Revenue at the world’s top producer of high-bandwidth memory (HBM), key components for AI applications, spiked 35.4% on-year to 22.23 trillion won. Quarter-on-quarter, it climbed 26.0%.

The above-consensus preliminary earnings are double the 4.6 trillion won reported by Samsung Electronics Co. for the April-June quarter, which represented a 55.9% plunge on-year and 31.2% drop from the prior quarter.

(Graphics by Daeun Lee)

SK Hynix forecasts steady memory chip sales growth in the second half as clients prepare to launch new high-performance, high-capacity AI models.

By Yeonhee Kim

yhkim@hankyung.com

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