April 27, 2024
Finance

SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of advanced DRAM chips with high bandwidth memory (HBM) for use in generative AI chipsets. The world’s second-biggest memory chipmaker

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