Back to News
technology

SK Hynix’s Profit Jumps on Soaring Prices of AI Chips

Bloomberg Technology
Loading...
1 min read
0 likes
⚡ Quantum Brief
SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly” this year, underscoring surging prices of memory chips that underpin global artificial intelligence development.
AI Audio Summary
0:00 / 0:00
Click to play
nicolas-arnold-e_xLO2vmiQI-unsplash.jpg
Quantum News · Media Library

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly” this year, underscoring surging prices of memory chips that underpin global artificial intelligence development. (Source: Bloomberg)

Read Original

Source Information

Source: Bloomberg Technology

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.