Nvidia Provider SK Hynix Reports Record AI Boom Profit
In the December quarter, SK Hynix of South Korea reported an operating profit of 8.08 trillion won ($5.6 billion), higher than the 8 trillion won average predicted by LSEG SmartEstimate. Additionally, the business increased its yearly dividend to 1,500 won per share, a 25% increase. Nvidia Corp.’s primary high-bandwidth memory provider, SK Hynix Inc., announced…