Seoul, Oct 28, 2026 (AFP) - AI chip giant SK hynix posts seven-fold surge in quarterly operating profit

NAMPA / AFP

2026-10-28

South Korean chip giant SK hynix on Wednesday reported a 632 percent surge in third-quarter operating profit, fuelled by booming demand for AI semiconductors, and unveiled plans to return an additional $45 billion to shareholders. The company is a specialist supplier of high-bandwidth memory (HBM) chips to US industry behemoth Nvidia, and a pillar of South Korea's tech-led economy. Operating profit for its July-September period reached 83.33 tril......

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WINDHOEK , 07 October 2026 - Acting Secretary General of the Namibia Football Association, Mabos Vries, pictured at the Sam Nujoma Stadium in Windhoek. (Photo: Hesron Kapanga) NAMPA

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