Nvidia supplier SK Hynix's Q1 profit rises five-fold to a record high on AI boom
- Apr 25
- 1 min read
REUTERS — The strong results underscore continued momentum in the global memory chip market, as demand from Big Tech companies to build AI data centres has constrained chip supplies and pushed up prices of both high-end and commodity memory chips.
"As AI evolves from large model training to the stage of agentic AI, which repeatedly performs real-time inference across various service environments, the foundation for memory demand is expanding across both DRAM and NAND flash," SK Hynix said in a statement.
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