[HARDWARE]■ STORY TIMELINE
SK HYNIX PROFIT SURGES ON AI CHIP DEMAND
SK Hynix reported a five-fold jump in quarterly profit, driven by soaring memory chip prices essential for AI development. The company plans to significantly increase capital expenditure this year.
Bloomberg Tech+0m
SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly”…