SK Group Chairman Chey Tae-won attends a briefing announcing the government's three mega projects at Yeongbingwan of the Blue House in Seoul, South Korea, 29 June 2026. Photo by KIM MIN-HEE /EPA

July 29 (Asia Today) -- SK hynix reported another record quarterly performance Wednesday, extending its streak of all-time-high operating profits to five consecutive quarters as demand for artificial intelligence memory continued to surge.

The South Korean chipmaker posted second-quarter revenue of 79.32 trillion won ($53.76 billion) and operating profit of 60.54 trillion won ($41.03 billion).

Its operating margin reached 76%.

Revenue increased 257% from a year earlier while operating profit jumped 557%, the company said.