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Latest in Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

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  • Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

    Revenue for the third quarter grew about 94% year-on-year.
    Business - CNBC - October 24
  • Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

    Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

    Billionaire Trump backer has targeted swing states with contest ahead of presidential election
    Business - Financial Times - October 24

  • SK Hynix Profit Momentum Continues on AI-Chip Demand

    SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.
    Tech - The Wall Street Journal - October 23

  • SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip

    SK Group Chair Chey Tae-won said Nvidia CEO Jensen Huang asked him if SK Hynix could move the supply of high-bandwith memory (HBM) chips forward by six months.
    Business - CNBC - November 4

  • Nvidia nearly doubles revenue on strong AI demand

    Nvidia reported earnings after the bell. Here are the results.
    Business - CNBC - 17 hours ago
  • Nvidia's Sales Soar as AI Spending Boom Barrels Ahead

    Nvidia's Sales Soar as AI Spending Boom Barrels Ahead

    The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.
    Business - The Wall Street Journal - 14 hours ago

  • DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft

    DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.
    Business - The Wall Street Journal - October 30
  • Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

    Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

    Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates
    Tech - ABC News - October 31

  • Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.

    AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.
    Business - MarketWatch - 23 hours ago

  • AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low

    Investors hope the Trump administration will make tech acquisition deals easier.
    Tech - The Wall Street Journal - 3 days ago
  • Nvidia’s revenue nearly doubles as AI chip demand remains strong

    Nvidia’s revenue nearly doubles as AI chip demand remains strong

    US chipmaker reassures investors seeking signs of the strength of boom that has made it world’s most valuable company
    Business - Financial Times - 17 hours ago
  • Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust
    Tech - ABC News - 17 hours ago
  • AI demand drives growth and higher spending at Amazon’s cloud business

    AI demand drives growth and higher spending at Amazon’s cloud business

    Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter
    Business - Financial Times - October 31
  • Investors’ ‘fear of missing out’ drives gold demand to record high

    Investors’ ‘fear of missing out’ drives gold demand to record high

    Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metal
    Business - Financial Times - October 30

  • Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

    Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.
    Business - MarketWatch - 6 days ago
  • Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live

    Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live

    Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...
    World - The Guardian - October 23

  • Tencent posts better-than-expected 47% profit surge as games, AI tools shine

    Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.
    Business - CNBC - November 13
  • Inside the Booming ‘AI Pimping’ Industry

    Inside the Booming ‘AI Pimping’ Industry

    AI-generated influencers based on stolen images of real-life adult content creators are flooding social media.
    Tech - Wired - Yesterday
  • Siemens Energy Lifts Outlook on Power Demand Boom

    Siemens Energy Lifts Outlook on Power Demand Boom

    Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.
    Business - The Wall Street Journal - November 13

  • Nvidia shares fluctuate as investors digest third-quarter earnings

    Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.
    Business - CNBC - 26 minutes ago
  • Nvidia’s Profit Doubles as A.I. Chip Sales Soar

    Nvidia’s Profit Doubles as A.I. Chip Sales Soar

    The company, which dominates the market for chips used to build artificial intelligence, expects another big jump in the current quarter.
    Tech - The New York Times - 16 hours ago
  • Wars and activism drive demand for executive security

    Wars and activism drive demand for executive security

    Allied Universal has recently launched an ‘enhanced’ service as political risks rise
    Business - Financial Times - November 5

  • NatWest Lifts Guidance Again After Quarterly Profit Beat

    The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.
    Business - The Wall Street Journal - October 25
  • BP reports lowest quarterly profit since pandemic on weak oil prices

    BP reports lowest quarterly profit since pandemic on weak oil prices

    Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase
    Business - Financial Times - October 29
  • Apple’s Quarterly Profit Down Because of Tax Payment in Europe

    Apple’s Quarterly Profit Down Because of Tax Payment in Europe

    Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.
    Tech - The New York Times - October 31
  • Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

    Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

    The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.
    Business - The Wall Street Journal - November 6

  • Sony raises guidance on gaming strength, quarterly operating profit beats estimates

    Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.
    Business - CNBC - November 8
  • Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth

    Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth

    The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.
    Business - The Wall Street Journal - November 7

  • Nvidia must show Blackwell chip can drive growth in earnings report

    Nvidia is on a historic run as its GPU chips are the technology industry's tool of choice for making and deploying generative artificial intelligence software.
    Business - CNBC - 2 days ago

  • Roku’s stock sinks after streaming company posts another quarterly loss

    Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.
    Business - MarketWatch - October 31
  • Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

    Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

    The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.
    Tech - The New York Times - October 31
  • Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth

    Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth

    The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.
    Business - The Wall Street Journal - November 8

  • SoftBank posts blowout quarterly gains at Vision Fund tech arm

    The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
    Business - CNBC - November 12
  • Britvic Profit Rises on Strong Demand, Brazil Performance

    Britvic Profit Rises on Strong Demand, Brazil Performance

    The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.
    Business - The Wall Street Journal - Yesterday

  • Iberdrola Profit Lifted by Record Investments

    Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.
    Business - The Wall Street Journal - October 23
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Topics
  • Nvidia Supplier SK
  • Supplier SK Hynix
  • SK Hynix Posts
  • Hynix Posts Record
  • Posts Record Quarterly
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