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Apr
AI Chip Boom Propels SK Hynix to Stunning $2.5B Quarterly Profit
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News Editor / 4 months
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- 1 min read
The South Korean memory chip leader smashed expectations with a 326% operating profit surge to 3.42 trillion won ($2.5 billion) in Q1, trouncing the 2.8 trillion won Wall Street forecast. The stellar performance was driven by unprecedented demand for high-bandwidth memory (HBM) chips used in artificial intelligence servers, which now account for 38% of total […]