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SK Hynix second-quarter profit surges to a new high — but misses estimates
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SK Hynix announced its second‑quarter earnings, reporting a record operating profit of $41.62 billion and revenue that more than tripled year‑over‑year, driven by strong demand for AI chips. Despite the surge, the company fell short of analysts’ consensus estimates for profit.
SK Hynix announced second quarter earnings on Wednesday, with profit reaching a record but still missing estimates.
Revenue more than tripled year over year. ...
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