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Sources: Snap is in talks with investors, including Saudi Arabia's Public Investment Fund, to raise at least $1B for its AR glasses division (Alex Heath/Sources)

Alex Heath / Sources : Sources: Snap is in talks with investors, including Saudi Arabia's Public Investment Fund, to raise at least $...

25 April 2024

SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022 (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022  —  Sales at the world's No. 2 maker of memory more than doubled to 12.4 trillion won ($9 billion) in the March quarter, beating expectations.

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