South Korea's SK hynix said July 29 second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips.

SEOUL: South Korean chipmaker SK hynix reported bumper quarterly results on Wednesday (Jul 29) but fell short of lofty investor expectations, heightening market concerns about…

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…