TechCNBC1h ago
SK Hynix reports Q3 revenue up 328% YoY
SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est.
TL;DRSK Hynix crushed earnings expectations with massive revenue and profit gains.
Why it matters: AI chip demand is sustaining memory maker profits; signals broader semiconductor recovery strength.
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