SEOUL -- SK Hynix returned to profit in the first quarter thanks to its leadership in advanced memory chips critical for artificial intelligence computing and says it will expand production capacity to meet an expected continued rise in demand.
Semiconductors
SK Hynix returned to profit in Q1 on AI chip leadership
South Korean chipmaker to expand production capacity as demand expected to rise further
Leadership in advanced memory chips helped SK Hynix log a profit of 2.9 trillion won ($2.1 billion) in the first quarter of 2024. © Reuters
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