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SK hynix smashes records on AI memory windfall
April 22, 2026
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Posted 3 hours ago by
SK hynix posted its strongest quarterly results on record, with operating profit surging 405 percent to 37.6 trillion won (27.8 billion) in the first quarter as booming demand for AI memory chips drove prices higher. In a regulatory filing Thursday, the company said its sales to an all-time high of 52.6 trillion won in the January–March period, extending its streak of record results to a fourth straight quarter since the second quarter of last year.
The results beat market expectations. Consens
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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