Agencies South Korea’s SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory chips to US industry beh»»»

SEOUL: South Korea’s SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory chips to US industry behem»»»

SEOUL, July 29 — South Korea’s SK hynix said today second-quarter net profit soared a whopping 1,242 per cent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory chips to US industr»»»

SK Hynix earmarked at least US$31 billion (S$40 billion) in capital spending in 2026 after reporting a six-fold surge in quarterly profit, a record amount of spending to safeguard its lead over Samsung Electronics and ride a multiyear boom in AI spending. SK Hynix, which briefly became South Korea’»»»

SEOUL, July 29, 2026 (BSS/AFP) - South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory »»»

SEOUL: South Korea's SK hynix said on Wednesday (Jul 29) that second-quarter net profit soared a whopping 1,242 per cent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips. SK hynix is a specialist supplier of high-bandwidth memory chips to»»»