SK hynix Posts Record Q3 Profit as AI Memory Demand Drives Sales

SK hynix reported record third-quarter revenue of 104.6 trillion won and operating profit of 83.3 trillion won, as rising demand and prices for AI-related memory lifted results. Operating profit was up 632% from a year earlier, while revenue rose 328%. The company’s operating margin reached 80%, and net profit was 39.8 trillion won. Its earnings announcement said quarterly revenue passed 100 trillion won for the first time.