SK hynix with record quarter – AI memory practically sold out until 2029!
Reading Time: 3 minutes
The stock temporarily gains 9.4% after record numbers in Seoul. Operating profit increases by 632% with an 80% margin. The HBM demand exceeds the available volume by more than double. Long-term contracts ensure the expansion. HBM4 becomes the growth engine. Additionally, SK hynix plans to return around 75 billion USD to shareholders by 2026. The South Korean memory chip manufacturer SK hynix (SKHY) provides crucial memory for NVIDIA's AI processors. Following the record numbers released on October 28, the stock temporarily rose by 9.4%...
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