SK Hynix rejects peak fears after record quarter, despite market questions
SK Hynix pushed back against concerns that the AI memory boom is nearing its peak after a record second quarter, citing long-term supply agreements and sustained Big Tech investment, even as some market observers question the sustainability of the memory boom.
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Did SK Hynix’s Record $42 Billion Q2 Profit Just Prove the Memory Boom Went Bust?
Read full article →SK hynix rejects peak fears after record quarter
SK hynix pushed back Wednesday against concerns that the AI memory boom is nearing its peak, citing five-year supply agreements, sustained Big Tech investment and growing demand beyond high-bandwidth memory. On its second-quarter earnings call, the chipmaker said it has completed long-term supply agreements with 10 customers, giving it greater visibility as it commits tens of trillions of won to new capacity. “We expect AI infrastructure investment to remain solid beyond next year as competition
By The Korea Herald
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