SK Hynix: Powered by AI, Net Profit Soars 216% in Q3
The South Korean chip giant announced on Wednesday that its Q3 profits had surged.
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The South Korean chip giant announced sharply higher third-quarter profits on Wednesday.
South Korean electronic chip giant SK Hynix announced sharply higher third-quarter profits on Wednesday, driven by explosive demand for its advanced chips for artificial intelligence (AI), limited however by constrained production capacities.
The group published net profit up 216% year-on-year to 39.775 billion won ($29.9 billion) for the July-September period and operating profit up 632% year-on-year.
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Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro28 Oct, 02:06
| Publisher Le Figaro (established tier) | +76 |
| Total | 76 |
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