SK Hynix overtakes Intel in chip revenue as AI memory demand reshapes the rankings

The Korean memory maker climbed to third among global chip suppliers while Intel was the only top-10 name to shrink SK Hynix pulled in $67.2 billion in revenue in 2025, a 42.3% jump from the year before. Intel, over the same stretch, brought in $48.5 billion, down 3.7%. That swap pushed SK Hynix from fourth to third among the world’s chip suppliers, with Intel landing behind it. The engine behind SK Hynix’s surge is high-bandwidth memory, or HBM. Think of it as the express lane that feeds data to AI processors. Without it, a top-tier accelerator spends a lot of time waiting around. SK Hynix holds roughly 50% of the HBM market.

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