Investing.com– South Korea’s SK Hynix Inc (KS:) on Thursday clocked a stronger-than-expected third-quarter profit as the memory chip giant saw strong sales of its advanced chips for use in artificial intelligence applications. The firm,… Article Source https://www.investing.com/news/stock-market-news/nvidia-supplier-sk-hynix-clocks-record-q3-profit-on-ai-boom-3679001
Nvidia supplier SK Hynix posts record Q3 profit, beats forecasts Reuters Article Source https://www.reuters.com/technology/nvidia-supplier-sk-hynix-posts-record-q3-profit-beats-forecasts-2024-10-23/
SEOUL (Reuters) -South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative AI chipsets. The world’s… Article Source https://finance.yahoo.com/news/nvidia-supplier-sk-hynix-posts-230718286.html
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Thursday… Article Source https://www.cnbc.com/2024/10/24/nvidia-supplier-sk-hynix-posts-record-quarterly-profit-beating-expectations.html
Google Ads is rolling out a new campaign setting named Gross profit optimization. The gross profit is calculated by Google by applying the gross profit margins you set up in the gross profit optimization goal to the value of… Article Source https://www.seroundtable.com/google-ads-gross-profit-optimization-campaign-setting-38227.html
US plan to break up Google’s search dominance threatens profit engine, AI growth Reuters Article Source https://www.reuters.com/technology/us-plan-break-up-googles-search-dominance-threatens-profit-engine-ai-growth-2024-10-09/
Hewlett Packard Enterprise (HPE) has a strategic focus on offering a variety of compute engines, particularly in HPC simulation machines due to acquisitions of SGI and Cray. Despite being the underdog in general-purpose servers, HPE competes with Dell and other vendors in the XPU supply chain decisions. Dell reported a significant increase in AI system … Read more
Amazon Web Services, the cloud computing arm of Amazon, is a significant contributor to the company’s overall revenue, accounting for nearly 20 percent. This sector also generates about two-thirds of Amazon’s total profits. Islander.com reports on this important aspect of Amazon’s business and its impact on the company’s financial performance. Article Source https://www.islandernews.com/news/national/amazon-web-services-is-nearing-20-percent-of-the-giants-total-revenue-and-bringing-in/image_019752cf-c8c9-5df1-a35a-471ea8e35d40.html
IBM and Microsoft have joined forces to enhance security operations and safeguard the hybrid cloud environment. This collaboration aims to provide businesses with advanced tools and technologies to better protect their data and infrastructure from cyber threats. By combining IBM’s expertise in security operations with Microsoft’s deep knowledge of the cloud, the two tech giants … Read more
Stocks of Oracle Corporation Japan (TSE:4716) weakened following a recent earnings report. A review of the company’s earnings and revenue history as of July 2, 2024 revealed some interesting findings that shareholders should consider. An analysis of the cash flow versus earnings of Oracle Corporation Japan showed that the company’s free cash flow significantly exceeded … Read more