Sunday, 28 July, 2024

Nvidia Supplier SK Hynix Posts Six-Year High Profit Amid AI Boom

SK Hynix, a key supplier to Nvidia, has reported its highest profit in six years, driven by the surge in demand for AI-related technologies. The company's strong performance reflects the growing adoption of artificial intelligence across various industries, boosting the need for advanced memory and semiconductor products. This profit milestone highlights SK Hynix's crucial role in supporting the AI ecosystem and its continued growth prospects in the tech sector.