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SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts

SEOUL: South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday (Jul 29), driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres. The Nvidia supplier reported a 557 per cent

Read full story on Channel Newsasia

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