SK Hynix: SK hynix posts record profits thanks to strong AI demand

Seoul (AFP) April 24, 2025South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for artificial intelligence, highlighting the firm's ability to weather mounting tariff threats. The world's second-largest memory chip maker dominates the market for high-bandwidth memory (HBM) semiconductors and is a key supplier for US titan Nvidia. SK hynix said it recorded an