SK Hynix's Profit Jumps on Soaring Prices of AI Chips

By BloombergApr 22, 2026, 11:55 PMLast Updated Apr 23, 2026, 1:00 AM

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex "significantly" this year, underscoring surging prices of memory chips that underpin global artificial intelligence development.

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SK Hynix's Profit Jumps on Soaring Prices of AI Chips

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