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Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25
Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25

Yahoo

time12-06-2025

  • Business
  • Yahoo

Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25

Nvidia (NVDA, Financials) said Wednesday it will conduct its annual shareholder meeting virtually on June 25, with voting and live Q&A available via a secure online portal for registered stockholders. Warning! GuruFocus has detected 4 Warning Signs with NVDA. The Santa Clara-based semiconductor company, which has surged to a $3.49 trillion market valuation, said the proxy materials for the meeting were filed with the U.S. Securities and Exchange Commission on May 13. A recording of the session will remain accessible through June 2026. The meeting comes as Nvidia continues to expand its role in AI infrastructure globally. This month, the company unveiled plans to build an industrial AI cloud platform in Germany and named Micron Technology the first supplier for its new memory solution, SOCAMM, designed for AI server workloads. Nvidia also recently partnered with Novo Nordisk to use AI in drug discovery and showcased video compression tools for autonomous vehicles at its GTC conference in Paris. The company's Gefion supercomputer and GPU stack are being leveraged for breakthroughs across biotech, robotics, and high-performance computing. Nvidia stock closed down 0.75% on the day of the announcement. This article first appeared on GuruFocus. Sign in to access your portfolio

Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25
Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25

Yahoo

time12-06-2025

  • Business
  • Yahoo

Nvidia (NVDA) to Host Virtual Annual Shareholder Meeting on June 25

Nvidia (NVDA, Financials) said Wednesday it will conduct its annual shareholder meeting virtually on June 25, with voting and live Q&A available via a secure online portal for registered stockholders. Warning! GuruFocus has detected 4 Warning Signs with NVDA. The Santa Clara-based semiconductor company, which has surged to a $3.49 trillion market valuation, said the proxy materials for the meeting were filed with the U.S. Securities and Exchange Commission on May 13. A recording of the session will remain accessible through June 2026. The meeting comes as Nvidia continues to expand its role in AI infrastructure globally. This month, the company unveiled plans to build an industrial AI cloud platform in Germany and named Micron Technology the first supplier for its new memory solution, SOCAMM, designed for AI server workloads. Nvidia also recently partnered with Novo Nordisk to use AI in drug discovery and showcased video compression tools for autonomous vehicles at its GTC conference in Paris. The company's Gefion supercomputer and GPU stack are being leveraged for breakthroughs across biotech, robotics, and high-performance computing. Nvidia stock closed down 0.75% on the day of the announcement. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

FMS 2025 Announces Lineup Of Keynote Presentations Highlighting Breakthroughs In Memory And Storage Innovation
FMS 2025 Announces Lineup Of Keynote Presentations Highlighting Breakthroughs In Memory And Storage Innovation

Yahoo

time31-05-2025

  • Business
  • Yahoo

FMS 2025 Announces Lineup Of Keynote Presentations Highlighting Breakthroughs In Memory And Storage Innovation

Industry Leaders to Share Cutting-Edge Advances in AI, Big Data, and High-Performance Storage Solutions SANTA CLARA, Calif., May 30, 2025 /PRNewswire/ -- FMS: the Future of Memory and Storage, the world's leading conference focused on high-performance memory, storage, and SSD technology, today announced it will feature 11 keynote presentations at this year's event. The keynotes will spotlight cutting-edge developments and applications driving next-generation technologies across AI, big data, quantum computing, and 5G infrastructure. "Keynote addresses are a longstanding highlight of FMS, and this year promises to deliver another powerful series of insights," said Jay Kramer, FMS Keynote Master of Ceremonies. "Attendees will hear about infrastructure for the datacenter for support of cloud storage, the new SOCAMM memory module optimized for AI data centers, the newest HBM4 and 3D High-Bandwidth Memory, and software-defined memory (SDM) for virtualized memory resource management." The innovative companies scheduled to deliver keynote presentations include FADU, KIOXIA, KOVE, MaxLinear, Micron, Neo Semiconductor, Samsung, Sandisk, Silicon Motion, SK hynix and The keynotes take place on Tuesday and Wednesday of the conference. "The FMS keynote stage is where industry leaders unveil breakthrough technologies and trends," said Tom Coughlin, FMS General Chair. "This year's keynotes cover a wide range of topics—from new product categories to emerging uses in AI, machine learning, and cognitive computing—providing attendees with essential knowledge and perspective." FMS 2025 will once again serve as the definitive platform for memory and storage professionals, featuring the industry's most comprehensive technical program, exhibits, and special events. Attendees can look forward to: Invited talks from renowned experts Analyst panels addressing major industry trends Chat with the Experts interactive sessions The renowned FMS Lifetime Achievement Award The prestigious FMS Best of Show Awards The one-of-a-kind SuperWomen of FMS award and networking reception hosted by Hammerspace and Pure Storage FMS will also feature a Thursday Main Stage Special Event: an Executive AI Panel hosted and moderated by NVIDIA, which is focused on the evolving role of memory and storage in AI workloads. This high-profile session will bring together top executives from some of the industry's most innovative companies, offering a range of expert perspectives on the latest AI trends and technological breakthroughs. Attendees will gain critical insights into the future of AI infrastructure and the emerging solutions driving the next wave of intelligent applications. Registration is now open at For more information on the event and the full program lineup, visit To become an FMS sponsor or exhibitor, see the prospectus at: About FMS: The Future of Memory and Storage FMS: the Future of Memory and Storage, produced by Conference ConCepts, is the premier global event showcasing cutting-edge developments in multi-billion-dollar high-speed memory and storage technologies. As the world's largest conference and exhibition in this sector, FMS highlights mainstream applications, breakthrough innovations, key enabling technologies, and the full spectrum of players—from leading vendors to disruptive startups. This event spans critical application areas including AI, enterprise data centers, high-performance computing, mobile devices at the edge, and embedded systems. FMS serves as a dynamic hub where technology professionals, executive leaders, customers, cloud providers, hyperscaler companies, and industry analysts converge to explore the evolving landscape of memory and storage. With a renewed commitment to inclusivity and innovation, FMS is shaping the future of memory and storage—especially at its intersection with artificial intelligence. Press Contact: Michelle Suzuki310-930-6655http:// View original content to download multimedia: SOURCE FMS: The Future of Memory and Storage

SK hynix Announces 1Q25 Financial Results
SK hynix Announces 1Q25 Financial Results

Korea Herald

time24-04-2025

  • Business
  • Korea Herald

SK hynix Announces 1Q25 Financial Results

SEOUL, South Korea, April 24, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", announced today that it recorded 17.6391 trillion won in revenues, 7.4405 trillion won in operating profit (with an operating margin of 42%), and 8.1082 trillion won in net profit (with a net margin of 46%) in the first quarter this year. Both revenues and operating profit are the 2nd highest records following last quarter when the company achieved its best quarterly results. Operating margin improved by 1%p compared to the previous quarter to 42%, resulting in 8th consecutive quarterly growth. SK hynix explained that memory market ramped up faster than expected due to competition to develop AI systems and inventory accumulation demand. The company responded to the demand with an expansion in sales of high value-added products such as 12-layer HBM3E and DDR5. The company believes the strong financial results despite a low seasonality reflect its outstanding competitiveness compared to the past. The company plans to focus on enhancing the business fundamentals to achieve distinguished financial outcome, even in times of market correction. Based on the financial result, cash and cash equivalents increased by 0.2 trillion won to 14.3 trillion won at the end of the first quarter, compared to the end of 2024, leading to an improvement in the debt and net debt ratio to 29% and 11%, respectively. SK hynix will continue to strengthen collaboration with supply chain partners to meet customer needs despite demand fluctuation amid global uncertainties. Due to the characteristics of the HBM market that supply volume is mutually agreed a year in advance, the company maintains its earlier projection that HBM demand will approximately double compared to the last year. As a result, sales of 12-layer HBM3E are expected to favorably increase to account for over 50% of total HBM3E revenues in the second quarter. In addition, the company started to supply LPCAMM2 [1], high performance memory module for AI PC, to customers in the first quarter and plans to supply SOCAMM [2], a low-power DRAM module for AI servers, when demand ramps up. For NAND, the company plans to actively respond to demand for high-capacity eSSD, while maintaining profitability-first operation with cautious approach for investment. "In compliance with the 'Capex Discipline', SK hynix will focus on products with demand feasibility and profitability to enhance investment efficiency," said Kim Woohyun, Chief Financial Officer. "As an AI memory leader, we will strengthen collaboration with partners and carry out technological innovation in efforts to continue profit growth with industry-leading competitiveness." 1Q25 Financial Results (K-IFRS) * Financial information of the earnings is based on K-IFRS * Please note that the financial results discussed herein are preliminary and speak only as of April 24, 2025. Readers should not assume that this information remains operative at a later time. About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM") and flash memory chips ("NAND flash") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at

SK hynix Announces 1Q25 Financial Results
SK hynix Announces 1Q25 Financial Results

Yahoo

time23-04-2025

  • Business
  • Yahoo

SK hynix Announces 1Q25 Financial Results

Revenues at 17.6391 trillion won, operating profit at 7.4405 trillion won, net profit at 8.1082 trillion won Both revenues, operating profit achieve 2nd highest quarterly records and operating margin improves for 8th consecutive quarters Company will strive to continue profit-centered growth based on AI memory leadership SEOUL, South Korea, April 23, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", announced today that it recorded 17.6391 trillion won in revenues, 7.4405 trillion won in operating profit (with an operating margin of 42%), and 8.1082 trillion won in net profit (with a net margin of 46%) in the first quarter this year. Both revenues and operating profit are the 2nd highest records following last quarter when the company achieved its best quarterly results. Operating margin improved by 1%p compared to the previous quarter to 42%, resulting in 8th consecutive quarterly growth. SK hynix explained that memory market ramped up faster than expected due to competition to develop AI systems and inventory accumulation demand. The company responded to the demand with an expansion in sales of high value-added products such as 12-layer HBM3E and DDR5. The company believes the strong financial results despite a low seasonality reflect its outstanding competitiveness compared to the past. The company plans to focus on enhancing the business fundamentals to achieve distinguished financial outcome, even in times of market correction. Based on the financial result, cash and cash equivalents increased by 0.2 trillion won to 14.3 trillion won at the end of the first quarter, compared to the end of 2024, leading to an improvement in the debt and net debt ratio to 29% and 11%, respectively. SK hynix will continue to strengthen collaboration with supply chain partners to meet customer needs despite demand fluctuation amid global uncertainties. Due to the characteristics of the HBM market that supply volume is mutually agreed a year in advance, the company maintains its earlier projection that HBM demand will approximately double compared to the last year. As a result, sales of 12-layer HBM3E are expected to favorably increase to account for over 50% of total HBM3E revenues in the second quarter. In addition, the company started to supply LPCAMM2[1], high performance memory module for AI PC, to customers in the first quarter and plans to supply SOCAMM[2], a low-power DRAM module for AI servers, when demand ramps up. [1] Low-Power Compression Attached Memory Module (LPCAMM2): LPDDR5X-based module solution that provides power efficiency and high performance as well as space savings. It has the performance effect of replacing two existing DDR5 SODIMMs with one LPCAMM2 [2] Small Outline Compression Attached Memory Module (SOCAMM): A low-power DRAM-based memory module for AI server For NAND, the company plans to actively respond to demand for high-capacity eSSD, while maintaining profitability-first operation with cautious approach for investment. "In compliance with the 'Capex Discipline', SK hynix will focus on products with demand feasibility and profitability to enhance investment efficiency," said Kim Woohyun, Chief Financial Officer. "As an AI memory leader, we will strengthen collaboration with partners and carry out technological innovation in efforts to continue profit growth with industry-leading competitiveness." 1Q25 Financial Results (K-IFRS) *Unit: Billion KRW1Q25 QoQ YoY4Q24 Change 1Q24 Change Revenues 17,639.1 19,767.0 -11 % 12,429.6 42 % Operating Profit 7,440.5 8,082.8 -8 % 2,886.0 158 % Operating Margin 42 % 41 % 1%p 23 % 19%p Net Income 8,108.2 8,006.5 1 % 1,917.0 323 % * Financial information of the earnings is based on K-IFRS* Please note that the financial results discussed herein are preliminary and speak only as of April 24, 2025. Readers should not assume that this information remains operative at a later time. About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM") and flash memory chips ("NAND flash") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at Media ContactSK hynix Public Relations Technical LeaderKanga Kong, Minseok Jang, Sooyeon Lee E-Mail: global_newsroom@ View original content: SOURCE SK hynix Inc. Sign in to access your portfolio

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