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AI Explosion Fuels Chipmaker’s Comeback, Erasing Losses!

Memory chipmaker SK Hynix has returned to profitability after five quarters of losses, thanks to increased demand for high-bandwidth memory chips used in AI applications. Their revenue also surged to the highest recorded amount in over six months. To meet the growing demand, SK Hynix plans to increase production capacity and introduce new memory chip products, positioning itself to benefit further from the AI technology boom.