Nvidia supplier SK Hynix's Q1 profit rises five-fold to a record high on AI boom - Reuters
Nvidia supplier SK Hynix's Q1 profit rises five-fold to a record high on AI boom Reuters
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"The global chip wafer shortage is likely to persist until 2030, as demand driven by AI continues to outpace supply."
— Chey Tae-won , Executive
"The global chip wafer shortage is likely to persist until 2030, as demand driven by AI continues to outpace supply."
— Chey Tae-won , Executive
"We expect earnings momentum to remain strong this year for SK hynix."
— Kim Young-gun , Executive
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<a href="https://news.google.com/rss/articles/CBMitgFBVV95cUxOV3BuQlFjUHFLQnJuM0p5MGZlUzF2TkE4UmR4M19pWm9pSGdVa29fdGRrRlI3VE15OFF6U0lTLXJLemt0VXg5X0t6djdBdVExaGNVMTAtenBuU2JjUmZzNzhTS19vQ0lCSVZ3R2NYTERCSUtnWlhTS1Jsd2tMSjM3TXBmQjRxOW1mTTU1QTJacVZTOE42emJ6cldMNEc2SVVsSmVYSDZUbGItWXIxOHFJR2xuS2ZMUQ?oc=5" target="_blank">Nvidia supplier SK Hynix's Q1 profit rises five-fold to a record high on AI boom</a> <font color="#6f6f6f">Reuters</font>
SK Hynix's Q1 2026 operating profit reached a record 37.6 trillion won, a five-fold increase from the previous year, driven by AI demand.
SK Hynix's operating profit in Q1 2026 increased fivefold to 37.6 trillion won, surpassing market expectations, amid strong AI-driven demand.
SK Hynix's operating profit surged 406% year-on-year to 37.6 trillion won in Q1 2026, fueled by the AI-driven demand for memory chips.
SK Hynix reported a record operating profit of 37.6 trillion won ($25.42 billion) for Q1 2026, more than five times the previous year's profit, driven by strong demand for memory chips amid the AI boom.
SK Hynix reported a record operating profit of 37.6 trillion won in Q1 2026, driven by strong demand for memory chips amid the AI boom.
SK Hynix's net profit in Q1 2026 surged nearly 400% year-on-year to 40.3 trillion won, driven by the AI boom and strong chip demand.
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