Why SK Hynix shares slipped despite 2000% surge in operating profit

SK Hynix, one of the world’s leading memory chipmakers, announced record-breaking fourth-quarter earnings on Thursday, fuelled by surging demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) servers. The company reported revenue of 19.77 trillion won ($13.7 billion), up 75% year-on-year, and operating profit of 8.08 trillion won, marking a staggering 2,236% increase […]