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A screen shows SK Hynix's plummeting stock price in Seoul on Monday. Photo: VCG
Despite a more than 500% surge in second-quarter profit, the South Korean memory-chip maker’s shares plunged as investors question the sustainability of tech giants’ infrastructure spending
SK Hynix reported +557% YoY profit in Q2, but 60.5T won missed 64T forecast; shares fell 9.6%. The miss signals potential AI chip demand slowdown or overcapacity, reshaping CapEx priorities and infrastructure investments across enterprise data centers.
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A screen shows SK Hynix's plummeting stock price in Seoul on Monday. Photo: VCG

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