Chip giant SK hynix posts record quarterly profit on AI boom

Chip giant SK hynix said Thursday that net profit soared almost 400% to a record high in the first quarter thanks to the artificial intelligence boom, which helped it shrug off concerns that the Middle East war could hit the semiconductor industry. Huge investments from governments and major technology companies are driving frenzied demand for [&hellip The post Chip giant SK hynix posts record quarterly profit on AI boom appeared first on TechCentral.ie.