SK Hynix posts record Q3 profit, unveils $75 billion shareholder return plan

Briefing by News4U · First published

SK Hynix reported record third-quarter profit and announced a $75 billion shareholder return plan, citing strong AI-driven demand for memory chips.

ITHome reported that SK Hynix announced a $75 billion shareholder return plan and posted record third-quarter results, with operating profit rising more than sevenfold to 83.3 trillion Korean won and revenue surging 328 percent to 104.6 trillion Korean won. [1]

The company attributed the gains to AI infrastructure demand, said DRAM and high-bandwidth memory capacity is booked through 2029, and forecast chip shortages could last until 2030. [1]

Sources

  1. 季度利润创下纪录,SK 海力士推出 750 亿美元股东回报计划

    ITHome · · Summary only

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