Update
SK hynix Sets New Quarterly Records with Record Results
SK hynix has reported record results with revenue topping KRW 100 trillion for the first time and operating profit exceeding KRW 83 trillion. Revenue rose 32% quarter-over-quarter (QoQ) and operating profit increased 38% QoQ. The company attributes its strong performance to continued AI server demand and the strength of the HBM and memory chip cycle. The results signal increased AI infrastructure spending and reinforce the importance of HBM in the memory industry. The company is now promoting its 'Position for Asia-Pacific Core Assets' campaign to attract investors.