FILE PHOTO: The logo of SK Hynix is seen at its booth during The 26th Semiconductor Exhibition (SEDEX 2024) in Seoul, South Korea, October 23, 2024. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) -SK Hynix flagged plans to boost spending this year after posting on Thursday a record quarterly profit, as the Nvidia supplier seeks to alleviate investor concerns about slowing growth for artificial intelligence chipsets.
The South Korean chipmaker said demand growth would be driven by new model launches by customers and that it was on track to double high-bandwidth memory (HBM) chip sales for the full year compared to 2024.
