SK hynix's sales growth has been the fastest since 2010

“This is a clear turnaround and the start of a record breaking year for SK Hynix,” Counterpoint Research Director Tom Kang tells Bloomberg Television, after the South Korean chipmaker logged its fastest pace of revenue expansion since at least 2010. SK Hynix Inc. says it expects a full recovery in the memory market thanks to AI demand. (Source: Bloomberg)

(Bloomberg) -- SK Hynix Inc. logged its fastest pace of revenue expansion since at least 2010, buoyed by strong sales of high-end memory chips used to power AI applications.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapMeta Projects Higher Spending in Deeper Push Into AIBiden’s New Chopper Is Demoted After Scorching White Hou