SK Hynix posts record AI profit, revenue up 328% y/y; DRAM and HBM sold out through 2029

SK Hynix posted a record AI-driven profit, with revenue surging 328% year over year and an 80% operating margin. The company said its DRAM and HBM production capacity is sold out through 2029, sending its shares up over 7% in premarket trading.

Detected & updated continuously · Source: Nebula