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]

SK Hynix ADRs closed below their IPO price for the first time as investors dumped AI-related semiconductor stock

SEOUL: South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday (Jul 29), driven by robust demand for…

South Korean chipmaker rides high on AI-fueled semiconductor boom