August 20, 2025 /SemiMedia/ — SK Hynix reported a sharp improvement in its financial position in the first half of 2025, fueled by soaring sales of high bandwidth memory (HBM) used in artificial intelligence and high-performance computing. The company’s cash and cash equivalents rose by more than 2.8 trillion won from the end of last year, while borrowings fell by over 800 billion won.

As of June, SK Hynix held 16.96 trillion won in cash and equivalents, more than 70% higher than a year earlier. Strong demand for HBM — a critical memory for GPUs powering AI applications — allowed the company to maintain its leadership in the market and boost earnings.

Revenue for the first half rose 38% year-on-year to 39.87 trillion won, while operating profit nearly doubled to 16.65 trillion won. Operating cash flow jumped 86% to 21.73 trillion won. Despite higher capital spending, total borrowings dropped to 21.84 trillion won, down more than 3.3 trillion won from a year earlier.

SK Hynix said surging AI-related memory demand lifted performance to record levels, reinforcing its strength in advanced memory technology.