Nvidia Supplier SK Hynix Warns of Turbulence From US Tariffs
SK Hynix Inc.’s stock price is up just around 4% since the start of the year.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
SK Hynix Inc. warned of increased volatility in the second half of 2025 despite resilient demand for AI memory chips from big tech providers, reflecting the uncertainty surrounding US tariffs.
The Korean company reported a better-than-projected 158% jump in March-quarter operating income, propelled in part by stockpiling ahead of Trump’s tariffs. SK Hynix stuck with a forecast for a doubling in demand for the high-bandwidth memory essential to Nvidia Corp.’s AI accelerators, which in turn drive giant data centers built by the likes of Microsoft Corp. and Amazon.com Inc.