https://www.live-feeds.com/feed/sk-hynix-profits-soar-amid-roaring-ai-chip-demandContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/sk-hynix-profits-soar-amid-roaring-ai-chip-demandhttps://www.live-feeds.com/feed/sk-hynix-profits-soar-amid-roaring-ai-chip-demand#u164609Sat, 31 Oct 2026 04:05:22 +0000SK Hynix's third-quarter operating profit soared 632 percent year-on-year, driven by booming demand for AI semiconductors. The South Korean chipmaker's profit sharply beat estimates, with shares surging 11 percent. SK Hynix also announced plans to return $45 billion to shareholders and an additional 60 trillion won to shareholders.Why it mattersThe surge in AI chip demand has significantly boosted SK Hynix's profits, positioning the company as a major player in the semiconductor industry. This growth is attributed to the increasing need for advanced memory chips in AI applicatio