Dossier
Song Hyeon-jong
Coverage of Song Hyeon-jong in the Nexus archive.
- Big Tech demanding deals that smooth out memory prices, says SK Hynix
SK Hynix has secured long-term supply deals with major AI industry customers to stabilize volatile memory prices, reporting a 257% revenue increase and 557% profit surge in Q2. The company attributes growth to higher DRAM and NAND memory prices and anticipates slower Q3 growth, emphasizing strategic partnerships and mechanisms like deposits to ensure demand visibility and business stability.