Company recorded revenue of $16.1bn for the quarter
SK Hynix posted record earnings for Q2 2025, growth that the memory chipmaker said was driven by the ever-increasing demand for AI chips.
The company reported quarterly revenue of 22.2 trillion won ($16.1 billion), a 35 percent increase year-on-year (YoY) and a 26 percent increase over the previous quarter, while operating profit for the three-month period totaled 9.2 trillion won ($6.7bn), up 68 percent YoY and 24 percent from Q1.
“Aggressive investment by global big tech companies into AI led to a steady increase in demand for AI memory. Shipments of both DRAM and NAND flash were higher than expected, helping the company log the best quarterly results,” SK Hynix said in a statement after the results had been published.
As a result, the company said it has expanded sales of its 12-high HBM3E chips in the DRAM space, adding that it expects demand for memory to continue to grow during the second half of the year as customers begin to launch new products.
The memory giant also noted that current investments resulting from the push for sovereign AI would likely help generate further long-term demand for memory products.
“We are on track to meet our goal as a Full Stack AI Memory Provider, satisfying customers and leading market expansion through the timely launch of products with best-in-class quality and performance required by the AI ecosystem,” Song Hyun Jong, president and head of corporate center, said.
While the results were undoubtedly good news for SK Hynix, they’re unlikely to be reflected across the memory industry at large.
Samsung, a major competitor of SK Hynix, has struggled to maintain pace, announcing earlier this month that it was anticipating a 56 percent YoY drop in operating profit for its second quarter, its weakest result for six quarters.
