Quartz·1 min read·medium
SK Hynix posted a record profit but missed expectations — and its stock sank
✦AI Summary
SK Hynix reported a massive 557% year-on-year increase in operating profit, yet the company's stock price fell after failing to meet analyst expectations. The results reflect the high volatility in the semiconductor market despite strong demand for AI-related hardware.
Operating profit soared 557% year on year to 60.54 trillion won, but fell short of a 64 trillion won forecast
businesseconomy
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