SK Hynix’s record profit misses investors’ high AI expectations
(Bloomberg) — SK Hynix Inc. (SKHY) quarterly profit rose 557% below expectations, raising fears that the AI boom that has propelled the semiconductor industry may be slowing. Most read from Bloomberg Major supplier Nvidia Corp (NVDA) reported operating profit of 60.5 trillion won ($42 billion) in the June quarter, compared with analysts’ average estimate of … Read more