Despite record second-quarter profits fuelled by AI demand, SK hynix shares plunged as investors questioned whether the boom can last amid Middle East tensions.

SK hynix stock fell over 3% premarket ahead of Q2 earnings amid an AI tech sell-off. See why investors are exiting memory chipmakers.

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