SK Hynix’s operating profit jumped a bigger-than-expected 158 per cent, helped by both a global race in artificial intelligence (AI) and stockpiling ahead of US tariffs of both advanced chips and memory used in personal computers and smartphones.
The Icheon, South Korea-based company on Thursday warned that macroeconomic uncertainty create volatility in demand in the second half of the year. But it kept its forecast for high-bandwidth memory (HBM) demand to double in 2025, citing supply…
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https://www.scmp.com/tech/big-tech/article/3307680/nvidia-supplier-sk-hynixs-profit-soars-ai-demand-boost-tariff-threat-lurks
