SK Hynix contract liabilities jump 73% in 1Q24, likely fueled by Nvidia's massive prepayments

Jessica Tsai, Taipei; Willis Ke, DIGITIMES Asia 0

Credit: SK Hynix

SK Hynix's contract liabilities saw a remarkable sequential increase of over 73% or KRW1.16 trillion (US$855 million) in the first quarter of 2024, sparking speculations that Nvidia has made substantial prepayments to SK Hynix to support the expansion...

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