
SK Hynix Profits Hit a Record — So Why Did Its Shares Drop 10%?
SK Hynix reported record quarterly profit of 60.5 trillion won ($41.6 billion), up 557% from a year ago, driven by demand for AI memory chips. Revenue more than tripled to 79.3 trillion won. Yet shares fell about 10% because the result fell short of what analysts expected. The market had already bet on even bigger numbers.
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