SK Hynix's Record Quarterly Profit: 11.4 Trillion Won!

South Korea's SK Hynix company announced a record quarterly profit on Wednesday, thanks to an increase in demand triggered by the artificial intelligence (AI) boom. This growth, supported by strong demand for high-tech products and traditional chips, allowed the company to achieve an 11.4 trillion won (8.02 billion dollars) operating profit in the July-September period. In the same period last year, this figure was recorded at 7 trillion won.

Moreover, these results align with the 11.4 trillion won forecast indicated by LSEG SmartEstimate, which focused on better result predictions by analysts. Thus, SK Hynix has met market expectations and achieved its highest profit in its history.