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AI NewsSK Hynix Stock Crashes Even as Profit Jumps 557% YoY on AI Supply Deals

SK Hynix Stock Crashes Even as Profit Jumps 557% YoY on AI Supply Deals

6:30 PM IST · July 29, 2026

SK Hynix Stock Crashes Even as Profit Jumps 557% YoY on AI Supply Deals

The South Korean memory chipmaker said it has signed multi-year supply agreements with 10 AI customers as it forecast stronger second-half earnings.

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SK Hynix Stock Crashes Even as Profit Jumps 557% YoY on AI Supply Deals