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SK Hynix reports surge in demand before tariffs

SK Hynix, the world’s second-largest memory chip maker, reported a rise in customer orders ahead of new US tariffs.

Lee Sang-rak, head of global sales and ,arketing, said this surge is driven by customers accelerating purchases before the tariffs.

He noted that lower customer inventory levels have also improved market conditions for the company.

Despite this positive trend, Lee Sang-rak cautioned that it is unclear whether demand will remain strong.

Recent SK Hynix developments

Timeline
18-Feb-2025 🛠️ SK hynix names VP to lead $3.87b US chip plant
  • Lee Woong-sun to lead Indiana chip plant
  • Mass production of HBM chips starts in H2 2028
31-Jan-2025 📉 SK hynix stock drops 11% after DeepSeek launch
  • SK hynix stock drops over 11% post-Lunar New Year
  • DeepSeek’s new AI model affects semiconductor markets
29-Jan-2025 💻 SK hynix beats Samsung in quarterly profit for first time
  • SK hynix reports record profit, tops Samsung.
  • AI chip demand boosts SK hynix’s earnings by 15%.
27-Jan-2025 👔 SK hynix appoints VP Ryu Sung-soo as CEO of US unit
  • Ryu Sung-soo appointed CEO of SK hynix America
  • Successor to Kim Ju-seon, served 4 years in role
24-Jan-2025 📈 SK hynix hits $46b revenue on AI-driven chip demand
  • SK hynix revenue nearly doubles in 2024
  • Strong HBM chip demand drives profits to $16.33B

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