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SK Hynix Posts Record Quarterly Profit

Wall Street Journal US Business •
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SK Hynix reported a record net profit of $64.64 billion for the three months ended June, marking a 13‑fold jump from the prior year. The South Korean memory‑chip maker’s earnings surged more than 1,200 % to 93.923 trillion won, driven by sustained demand for AI‑enabled memory chips.

Revenue also hit a record, ילדים more than tripling to 79.319 trillion won. Operating profit reached 60.543 trillion won, both figures below Fact Set consensus forecasts of 84.170 trillion won (revenue) and 64.311 trillion won (operating profit).

These robust results reinforce confidence in the AI boom and suggest that infrastructure spending for AI remains resilient. As the world’s second‑largest memory‑chip maker, SK Hynix’s performance may ease recent concerns about the sustainability of AI‑related investment.

The earnings beat street expectations, which had anticipated 50.785 trillion won in net profit, underscoring the company’s strong market position and the ongoing demand емес for high‑performance memory solutions.