SK Hynix reports Q1 revenue up 198% YoY to ~35.55B, vs. ~36.2B est., and operating profit up 405% YoY to ~25.4B, vs. ~25.6B est., as memory prices rise (Dylan Butts/CNBC)

Dylan Butts / CNBC: SK Hynix reports Q1 revenue up 198% YoY to ~35.55B, vs. ~36.2B est., and operating profit up 405% YoY to ~25.4B, vs. ~25.6B est., as memory prices rise — South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand.

ASML reports Q1 net sales of €8.8B, above €8.5B est., a €2.8B net profit, above €2.5B est., and raises 2026 net sales forecast to €36B to €40B from €34B to €39B (Arjun Kharpal/CNBC)
Texas Instruments reports Q1 revenue up 19% YoY to 4.83B, vs. 4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg)
Global smartphone shipments fell 4.1% YoY in Q1, the first decline since 2023, amid a memory chip crunch; Samsung's shipments grew 3.6% and Apple's grew 3.3% (IDC)
ASML says South Korea surpassed China as its largest market in Q1 2026, with shipments hitting 45% of net system sales, or €2.84B, up from 22% in Q4 2025 (Sarah Jacob/Bloomberg)
US-based Credo, which specializes in data center connectivity, agrees to acquire Israeli chip startup DustPhotonics in a cash-and-stock deal worth up to $1.3B (CTech)

Source: Techmeme | 2026-04-22

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