Jul. 29 at 12:28 AM
$LRCX Big mover into the earnings call..
SK Hynix announced that its Q2 Average Selling Prices (ASP) for DRAM and NAND flash increased by approximately 30% and mid-50% range, respectively, compared to the previous quarter.
The company explained that the DRAM ASP rose due to expanded sales of high-performance products like HBM3E and AI servers, along with strong prices for conventional DRAM, which increased shipments.
For NAND, the ASP increased due to expanded eSSD sales and strong prices across all products. The Q2 operating profit reached 60.5 trillion KRW, recording an all-time high operating profit margin of 76%.