SK hynix

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Realistic illustration of SK hynix chip factory with glowing AI memory chips and profit charts for a news article.
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SK hynix posts record Q2 profit on AI chip demand

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SK hynix announced on July 29 that it achieved record revenue and operating profit in the second quarter, driven by strong demand for high-bandwidth memory chips.

The combined market value of 19 listed firms in SK Group surpassed 2,000 trillion won for the first time on June 16, driven mainly by gains at SK hynix.

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SK hynix reported record Q1 sales of 52.58 trillion won and operating profit of 37.61 trillion won ($25.42 billion) on Thursday. The figures marked year-on-year increases of 198 percent in sales and 405.5 percent in operating profit, driven by strong AI infrastructure demand. Net profit also hit a record 40.34 trillion won ($27.3 billion).

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