SK Hynix Q3 Record Profit
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largest memory chipmakersCNBC
•Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
89% Informative
Operating profit for the third-quarter hit a record 7.03 trillion won ( $5.08 billion ), beating LSEG's forecast of 6.8 trillion won.
The South Korean chip giant is a key supplier to Nvidia and has benefitted from a boom in artificial intelligence servers.
The company said last month that it has started mass production of its latest version of HBM chips.
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