SK Hynix is on the brink of potentially overtaking Samsung Electronics in operating profit this year, signaling a historic shift in the domestic semiconductor landscape. Analysts estimate that SK Hynix’s operating profit surpassed that of Samsung’s chip division last year,

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

Daniel Yoo of Yuanta Securities, Korea says the legacy memory business is on a decline, but is optimistic for SK Hynix as their HBM business continues to grow and will retain over 50% market share.