Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply

SK Hynix, a chipmaker, reported quarterly revenue that exceeded 100 trillion won for the first time in its history. The company said demand for memory products will continue to be greater than available supply through the end of 2030. SK Hynix also said that its DRAM and HBM, two memory product lines, are sold out through 2029, extending the company's sold-out position for those products across the remainder of the decade.