Source: Tech – South China Morning PostSouth Korean chip giant SK Hynix reported record profit in the third quarter on Wednesday, boosted by strong demand for artificial intelligence.
The world’s second-largest memory chipmaker dominates the market for high-bandwidth memory (HBM) semiconductors and is a key supplier for US titan Nvidia.
The company’s operating profit rose 61.9 per cent year-on-year to a record 11.38 trillion won (US$7.9 billion), with an operating margin of 47 per cent.
“The company achieved its highest-ever…Read More