Hynix's Q2 forecast is out, and I'm left speechless.
A quarterly revenue of $54 billion, profits of $40 billion, and a profit margin of 74%?
You heard that right, a net profit of $40 billion in just one quarter!
What does that even mean? The profits for a single quarter could buy out all of Baidu!
A quarterly revenue of $54 billion, profits of $40 billion, and a profit margin of 74%?
You heard that right, a net profit of $40 billion in just one quarter!
What does that even mean? The profits for a single quarter could buy out all of Baidu!