DRAM on the way back while NAND languishes
DRAM on the way back while NAND languishes
Posted Date: 2023-07-27
“We've got long-range visibility from our shoppers into subsequent yr,” says Myoungsoo Park, Hynix’s head of DRAM advertising.
Hynix had a Q2 $2.28 billion working loss, down from $3.6 billion in Q2 2022, on income down 47% y-o-y to $5.7 billion.
Hynix says Q2 server DRAM demand greater than doubled q-o-q and ASPs are larger than in Q1. The DRAM operation is anticipated to make a revenue in This fall.
Nonetheless NAND demand is just not anticipated to come back again this yr because the China smartphone business languishes.
Hynix says its 2024 capex will likely be larger than this yr. This yr’s capex is half the 2022 capex.
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