SK Hynix shares jump 11% after record quarterly profit, outperforming broader market
Summary
South Korean semiconductor manufacturer SK Hynix has announced its third-quarter financial results. The company recorded a profit that significantly exceeded market expectations, driven by strong demand for artificial intelligence memory components.
Shares of South Korean chipmaker SK Hynix soared 11% on Wednesday as third-quarter profit sharply beats estimates.
Source: Read the full story at US Top News and Analysis
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