SK hynix on course for record profit as AI memory boom lifts margins

SK hynix is expected to deliver record-breaking first-quarter earnings, with operating profit potentially topping 40 trillion won ($29 billion) as surging demand for AI memory drives a full-blown industry upcycle. The chipmaker is set to report results on April 23. Consensus compiled by FnGuide points to operating profit of 34.9 trillion won on revenue of 50.1 trillion won — up 369 percent and 184 percent on-year, respectively — already marking a quarterly record. Analysts say profitability is a

By The Korea Herald