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Wall Street Breakfast Podcast: The Great SK Hynix Giveaway

Source: seekingalpha.com

Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsTechnology & Innovation
Wall Street Breakfast Podcast: The Great SK Hynix Giveaway

SK Hynix reported Q3 revenue growth of 31.9% and operating profit growth of 37.6%, both above analyst estimates. DRAM and NAND average selling prices rose more than 20% quarter over quarter, easing concerns about memory-chip demand, while Q4 guidance pointed to further capacity increases.

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