Eric Ross, chief investment strategist at Cascend Securities, discusses Samsung's chip business and how it's being "leapfrogged" by SK Hynix and Micron in the DRAM market.

Shares of SK hynix, a major memory chip supplier to Nvidia, nose-dived on the Kospi bourse Friday as the market reopened for the first time this week, following the release of a low-cost AI model by Chinese startup DeepSeek.

SK Hynix's shares slumped, hit by the shock from Chinese artificial-intelligence startup DeepSeek as stock trading resumed in South Korea after a four-day holiday.

Necessary upgrades to West Lafayette's infrastructure in preparation for the arrival of chip maker SK hynix are in the air following the federal order pausing funding.

West Lafayette Mayor Erin Easter announced a Board of Works meeting Tuesday that various federally funded projects in the community will be paused. Among these is the semiconductor manufacturer SK hynix's $3.

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit record that beat a results estimate for rival Samsung.

Shares of SK Hynix Inc., a key supplier to Nvidia Corp., tumbled more than 11% as the South Korean stock market resumed trading Friday after holidays during which Chinese startup DeepSeek shocked the AI world.

SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to HBM and AI demand.

A gauge of Asian shares snapped a two-day gain, with Korean chipmakers SK Hynix Inc. and Samsung Electronics Co. weighing as the nation’s markets reopened after the Lunar New Year holidays.

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

The company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the year was 66.1930 trillion won (roughly $46.13 billion). SK Hynix raised its annual fixed dividend for shareholders by 25%.

Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.