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    SK hynix posts record profits on surging AI demand

    Neha Kumari
    By Neha KumariJuly 24, 2025

    South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring demand for artificial intelligence.

    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.

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