SK Hynix's third-quarter profit rises sevenfold on AI chip demand
AISK Hynix reported a sevenfold rise in third-quarter profit from a year earlier, driven by surging demand from AI infrastructure buildout. South Korea's GDP growth beat analysts' expectations, and Goldman Sachs raised its growth forecasts for this year and next.
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Semafor · Technology · Prashant Rao · semafor.comPublished · added here
Original title: South Korean chip giant SK Hynix's 3Q profits surge