Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply

SK Hynix reported quarterly revenue above 100 trillion won for the first time, a record driven by AI memory demand. The chipmaker said memory demand will outrun supply through 2030, with DRAM and HBM sold out through 2029. The result signals sustained AI infrastructure spending, which is a background positive for crypto miners and AI-linked tokens, but the story has no direct crypto price catalyst.