SK Hynix Reports Record Third-Quarter Profit as AI-Memory Stocks Rise
AI-memory and semiconductor stocks moved higher Wednesday after SK Hynix reported record third-quarter profit. The supplied body cites Q3 revenue of 104.6 trillion, up 328% year over year.
AI-memory and semiconductor stocks moved higher Wednesday after SK Hynix NASDAQ:SKHY delivered a record third-quarter profit, reinforcing the view that demand for high-bandwidth memory remains exceptionally strong.SK Hynix reported?104.6 trillion in Q3 revenue, up 328% year over year, while operat…