SK Hynix (semiconductor company)SK HǎilìshìSK海力士first quarter (Q1)yī jìdù一季度profitlìrùn利润to set / to establish (a record)chuàng创a new all-time record / historic highlìshǐ xīn gāo历史新高，AI (artificial intelligence)AIAIdemandxūqiú需求strong / robustqiángjìng强劲。
April 26, 2026 at 10:30 AM
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Science & TechnologySK Hynix Posts Record First-Quarter Profit Driven by AI Memory Demand
South Korean chipmaker SK Hynix reported first-quarter 2026 results with operating profit up 405% year-over-year, setting a historic record driven by AI-related high-bandwidth memory demand.
SK Hynix announced Q1 2026 financial results on April 24, with company revenue reaching KRW 52.6 trillion, growing 198 percent year-over-year.
Operating profit grew even more dramatically at 405 percent, reaching KRW 37.6 trillion, setting a new all-time record.
The growth is primarily driven by strong demand from AI data centers for high-bandwidth memory (HBM) chips.
SK Hynix is the world's largest producer of high-bandwidth memory, with products widely used in AI servers and data centers.
The company announced it will build a new factory in Cheongju, South Korea, planned to be completed and operational by late 2027.
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