SEOUL -- SK Hynix's profit dipped nearly 8% in the first quarter, though it outperformed market expectations thanks to intensifying AI competition and a rush of orders from clients looking to get ahead of U.S. tariffs.
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SK Hynix has benefitted greatly from the AI boom, providing high-bandwidth memory chips to Nvidia. © Reuters
SEOUL -- SK Hynix's profit dipped nearly 8% in the first quarter, though it outperformed market expectations thanks to intensifying AI competition and a rush of orders from clients looking to get ahead of U.S. tariffs.