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Economy · Seoul, South Korea ·

SK Hynix jumps 11% on record profit

The chipmaker kept almost 80% of sales as operating profit last quarter. Samsung reports next.

Why it matters

AI chip demand is boosting Korean exports.

Background

SK Hynix makes memory chips used in AI.

The story so far

  1. SK Hynix record profit, $25 billion payout; Seoul stocks jump
  2. SK Hynix jumps 11% on record profit
  3. Samsung, SK hynix post record profits on AI chips

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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