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SK Hynix has surpassed all expectations in its first-quarter performance, with revenue and operating profit witnessing remarkable surges, and net profit tripling year-on-year to hit KRW 8.1 trillion. This exceptional performance is primarily fueled by the unprecedented demand for AI memory, particularly the robust sales of its High Bandwidth Memory (HBM) products. The strong shipments of HBM products have catapulted SK Hynix to a preeminent position in the global market. Furthermore, the overall growth rate of the memory market has also exceeded projections, driven by intensified competition in AI system development and a surge in demand for inventory accumulation. SK Hynix's impressive growth underscores its formidable competitiveness in the high-performance computing chip market.
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