SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demand

Source: The Times of India· Reuters· July 29, 2026

The Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advanced products limited price gains for its mainstay dynamic random access memory (DRAM) chips. Shares in SK Hynix tumbled 10…

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SK Hynix shares slide despite sixfold profit surge on AI boom

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