SK Hynix reports over 400% profit increase in Q1 due to AI chip demand

fr.investing.com (French)

SK Hynix's Q1 operating profit surged over 400% to a record $25.42 billion, driven by strong demand for AI-related memory chips. The South Korean chipmaker saw its revenue nearly double to $37.61 billion as the global development of AI infrastructure fuels an insatiable appetite for memory. This surge follows rising memory chip prices and a shortage, with SK Hynix prioritizing High Bandwidth Memory (HBM) production to meet AI-driven demand.


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