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SK Hynix Shares Surge 8% on Record Profits and Dividends

SK Hynix, a South Korean chipmaker, reported record third-quarter revenue and profit, beating market expectations. The company announced plans to return about 100 trillion won to shareholders through dividends and share buybacks, including an extra dividend from its investment gains in Japanese chipmaker Kioxia. SK Hynix's shares rose more than 8%, outperforming the Kospi's 6.25% gain.

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