Euronews · Jul 29, 2026 08:41 UTC

South Korean chipmaker SK hynix reports 1,242% profit surge on booming AI demand

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South Korean chipmaker SK hynix reports 1,242% profit surge on booming AI demand

Summary

Despite record second-quarter profits fuelled by AI demand, SK hynix shares plunged as investors questioned whether the boom can last amid Middle East tensions.

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