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SK Hynix sets record as quarterly profit jumps five-fold, says AI chip demand exceeds capacity

SEOUL, April 23: South Korea’s SK Hynix on Thursday set a record for quarterly profit with a five-fold jump in earnings and forecast AI chip demand would exceed manufacturing capacity, allaying concern about slowing AI spending by big tech firms. The outlook by the Nvidia supplier signals strong momentum rema

Read full story on Channel Newsasia

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