Amid the AI boom, SK Hynix announces record-breaking quarterly performance

Benefiting from the surge in demand for AI storage chips, SK Hynix’s net profit in the first quarter reached 40.346 trillion Korean won, a year-on-year increase of 398%, setting a record high. As a core supplier of NVIDIA, SK Hynix’s quarterly net profit soared nearly five times, mainly driven by the explosive growth in demand for high-end storage chips. (Sina Finance)

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