South Korean chip giant SK hynix said its operating profit doubled last year after a surge in global demand for the technology that powers artificial intelligence

South Korean chip giant SK hynix said its operating profit doubled last year after a surge in global demand for the technology that powers artificial intelligence

South Korean chip giant SK hynix said on Wednesday its operating profit doubled last year to a record high after a surge in global demand for technology powering artificial intelligence.

SK hynix and rival Samsung are among the world's leading producers of memory chips, supplying high‑performance components that are essential for AI products and the data centres powering the fast‑evolving sector.

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