SK Hynix Reports Soaring Profits Driven by AI Chip Demand, Announces Shareholder Return Plan

South Korean chipmaker SK Hynix has reported a significant surge in its quarterly operating profit, driven by strong demand for AI chips. The company, a leading producer of high-bandwidth memory (HBM) essential for AI accelerators, also unveiled a shareholder return plan. This performance highlights the continued robust growth in the AI semiconductor market and its impact on global supply chains.