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SK Hynix Reports Record Profits, Fueling Nasdaq Gains and Highlighting AI Chip Demand

AI News

SK Hynix Reports Record Profits, Fueling Nasdaq Gains and Highlighting AI Chip Demand

South Korean chip giant SK Hynix’s 3Q profits surge

Semafor Technology

South Korean chip giant SK Hynix’s 3Q profits surge

The sevenfold jump in the chip giant’s earnings come after official data showed South Korea’s GDP growth beat analysts’ expectations, the latest sign of a tech boom driving nationwide economic growth.

AI chip giant SK hynix says quarterly operating profit soars 630%

Economic Times

AI chip giant SK hynix says quarterly operating profit soars 630%

South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artificial intelligence industry's explosive demand for its...

Nasdaq set for third day of gains after SK Hynix blow-out earnings

Capital Brief

Nasdaq set for third day of gains after SK Hynix blow-out earnings

The Nasdaq opened higher on Wednesday night AEDT after South Korean memory chipmaker SK Hynix reported a massive jump in profit.

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