SK Hynix posts highest profit in six years

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South Korean chip giant SK Hynix has reported its best quarterly profit in six years, thanks to explosive global demand for artificial intelligence (AI), but its shares tumbled with other tech firms following a hefty sell-off on Wall Street.

Bursa Malaysia stages mild pullback, CI down 0.

Corporate News 21h ago S.

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Category: EconomyBusiness

Markets: MalaysiaSouth Korea

Topics: Corporate News SKHynix QuarterlyProfit MemoryChips /Business/Business News AIChips HBMSemiconductors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 00:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21777344

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