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Strong Demand for Memory Chips Drives SK Hynix's Quarterly Profit Up by 406%
19 hour ago /
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Author：小编
On April 23, South Korea's SK Hynix announced its financial results for the first quarter of 2026, revealing a significant 406% year-on-year increase in operating profit, reaching KRW 37.6 trillion (USD 25.42 billion), up from KRW 7.4 trillion in the same period last year and largely in line with analysts' forecasts of KRW 37.9 trillion. The growth was primarily attributed to robust demand for memory chips driven by the artificial intelligence boom.
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