SK Hynix Quintuples Q1 Operating Profit to a Record $25.4 Billion as AI Memory Demand Pushes the Industry Into a New Margin Regime
South Korean memory giant reported 37.6 trillion won in operating profit on 52.6 trillion won in revenue, a 405% year-over-year jump and the highest operating margin in its history at 72%, as HBM and high-density server DRAM rode an AI-driven demand wave.