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SK Hynix posts record quarterly profit on huge AI demand, trounces expectations
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South Korea's SK Hynix said on Wednesday that quarterly profit more than doubled âEUR‹to a record, comfortably beating forecasts on relentless âEUR?'demand...
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SK Hynix posts record quarterly profit on huge AI demand,... South Korea's SK Hynix said on Wednesday that quarterly profit more than doubled âEUR‹to a record, comfortably beating forecasts on relentless âEUR?'demand for artificial intelligence that has lifted prices for both advanced and âEUR?'conventional memory chips. The Nvidia supplier logged a 137% surg... South Korea's SK Hynix said on Wednesday that quarterly profit more than doubled âEUR‹to a record, comfortably beating forecasts on relentless âEUR?'demand for artificial intelligence that has lifted prices for both advanced and âEUR?'conventional memory chips. The Nvidia supplier logged a 137% surge in operating profit to 19.2 trillion won ($13.5 billion) for the fourth quarter, according to Reuters calculations. That compared with 8.1 trillion â won a year earlier âEUR?'and a 17.7 trillion won consensus prediction from LSEG SmartEstimate, which is weighted toward analysts âEURwith a more consistent track record. Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: January 28, 2026 | Source: Yahoo Finance
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