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In just a single quarter, SK Hynix generated $62 billion in profits. Let that sink in. That’s roughly equal to Tesla’s cumulative profits over the past seven years, PLTR’s profits over the next 15 years at its current annual earnings run rate, or AMD’s profits over the next six years at its current annual earnings run rate. And SK Hynix did it in just one quarter. Not one year. Three months. But none of that matters. Because memory is a cyclical industry. And yet, its production capacity is already sold out through 2029.#skhy
In just a single quarter, SK Hynix generated $62 billion in profits.
Let that sink in.
That’s roughly equal to Tesla’s cumulative profits over the past seven years, PLTR’s profits over the next 15 years at its current annual earnings run rate, or AMD’s profits over the next six years at its current annual earnings run rate.
And SK Hynix did it in just one quarter. Not one year. Three months.
But none of that matters.
Because memory is a cyclical industry.
And yet, its production capacity is already sold out through 2029.#skhy
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