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MoneyBloomberg Markets

SK Hynix Posts Record Profit Amid AI Rush

SK Hynix posted a stronger-than-expected seven-fold surge in quarterly profit and unveiled an additional shareholder return program for 2026 worth 100 trillion won ($75 billion), underscoring relentless demand for AI hardware. Counterpoint Research Director MS Hwang puts the results in the context of broader industry trends. (Source: Bloomberg)

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