SK hynix Joins Korea’s ‘10-Trillion Club’ With Record Profit on AI Memory Boom

SEOUL, Oct. 30 (Korea Bizwire) — SK hynix reported the highest quarterly profit in its history, buoyed by surging global demand for high-bandwidth memory (HBM) chips that power artificial intelligence systems, becoming only the second South Korean company after Samsung Electronics to surpass 10 trillion won ($7.1 billion) in quarterly operating profit. The world’s second-largest memory [...]