SK Hynix announced financial results on Wednesday. Affected by tech giants increasing investment in AI data centers and strong demand for advanced memory chips, the company's second-quarter operating profit soared 557% to 60.5 trillion won, setting a new historical record. It was 9.2 trillion won in the same period last year. However, this figure is lower than the market's forecast of 64 trillion won, mainly because its high-end memory chips account for a higher share of competitors, but it has not fully benefited from the strong price increase cycle of conventional memory chips in this round. This has heightened concerns that the AI boom driving the semiconductor industry may be slowing down. SK Hynix's revenue also fell short of expectations. Financial reports showed that its second-quarter revenue was 79 trillion won, and market expectations were 84 trillion won. Affected by financial reports, SK Hynix fell 9% after closing down 9% on Tuesday, and SanDisk and Micron also fell more than 4%, erasing the boost brought by Seagate Technology's earnings report.

SK Hynix announced financial results on Wednesday. Affected by tech giants increasing investment in AI data centers and strong demand for advanced memory chips, the company's second-quarter operating profit soared 557% to 60.5 trillion won, setting a new historical record. It was 9.2 trillion won in the same period last year. However, this figure is lower than the market's forecast of 64 trillion won, mainly because its high-end memory chips account for a higher share of competitors, but it has not fully benefited from the strong price increase cycle of conventional memory chips in this round. This has heightened concerns that the AI boom driving the semiconductor industry may be slowing down. SK Hynix's revenue also fell short of expectations. Financial reports showed that its second-quarter revenue was 79 trillion won, and market expectations were 84 trillion won. Affected by financial reports, SK Hynix fell 9% after closing down 9% on Tuesday, and SanDisk and Micron also fell more than 4%, erasing the boost brought by Seagate Technology's earnings report.