SK hynix Q2 profit jumps 557% on AI chip demand, misses forecasts
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Source: The Korea Herald
Published: 2026-07-29 09:05 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Technology & AI, Financial Markets, Tax & Budget, World News, Technology
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Snippet:
South Korean chipmaker SK hynix reported a 557 percent increase in quarterly operating profit to a record high on Wednesday, driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres.
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