AI memory boom drives SK hynix to record quarterly profit

SK hynix posted record second-quarter results on Wednesday as surging demand for high-bandwidth memory (HBM) chips used in AI servers continued to reshape the semiconductor industry. The South Korean chipmaker reported revenue of 79.3187 trillion won and operating profit of 60.5426 trillion won, up 257% and 557%, respectively, from a year earlier. First-half revenue also...