SK Hynix is on the brink of potentially overtaking Samsung Electronics in operating profit this year, signaling a historic shift in the domestic semiconductor landscape. Analysts estimate that SK Hynix’s operating profit surpassed that of Samsung’s chip division last year,

SEOUL - South Korea’s SK Hynix on Jan 23 posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative artificial intelligence (AI) chipsets.

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.