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HomeBusinessSK Hynix Q2 profit jumps 557% on AI chip demand, misses forecasts

SK Hynix Q2 profit jumps 557% on AI chip demand, misses forecasts

SEOUL, July 29: South Korean chipmaker SK Hynix reported a 557 per cent increase in quarterly operating profit to a record high on Wednesday, driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres. The Nvidia supplier reported an operating profit of 60.

Read full story on Channel Newsasia

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