SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
Illustration of the SK Hynix company logo seen displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSouth Korea's SK Hynix on Thursday topped quarterly revenue and operating profit estimates, with demand for its high bandwidth memory offerings used in generative artificial intelligence chipsets remaining robust.Here are SK Hynix's first-quarter results versus LSEG SmartEstimates:Revenue: 17.64 trillion won ($12.36 billion) vs. 17.26 trillion wonOperating profit: 7.44 trillion...
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