SK Hynix Achieves Record Profit Amid Rising AI Demand
SK Hynix posted a record fourth-quarter operating profit of 19.2 trillion won, up 137% year-on-year, driven by AI demand and price hikes for memory chips.
Insights:
SK Hynix Inc. has reported a record fourth-quarter operating profit of 19.2 trillion won, marking a 137% increase from the 8.1 trillion won recorded in the same period last year. This substantial growth surpassed the consensus forecast of 17.7 trillion won, as estimated by LSEG SmartEstimate, highlighting a significant earnings and pricing shift in the memory-chip market.
