Posted Jul 29, 2026 at 6:53 AM UTCTExternal LinkWhen a 1,200 percent profit boost isn’t good enough.Poor SK Hynix. Despite the memory-chip maker posting record net profit, the stock fell by as much as 18 percent when its revenue haul (also a record) failed to meet the lofty expectations set by the AI hype cycle. The results won’t help investors worried that the AI bubble’s about to pop.Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Thomas Ricker
When a 1,200 percent profit boost isn’t good enough.
Poor SK Hynix. Despite the memory-chip maker posting record net profit, the stock fell by as much as 18 percent when its revenue haul (also a record) failed to meet the lofty expectations set by the AI hype cycle. The results won’t help investors worried that the AI bubble’s about to pop. [Link: SK Hynix Net Profit Hits Record; Other Metrics Disappoint | https://www.wsj.com/tech/sk-hynix-extends-streak-of-record-results-37a0eaeb?st=6bpvnZ&reflink=desktopwebshare_permalink | WSJ]
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