SK Hynix unveils shareholder return plan worth $75 billion after posting 7-fold jump in Q3 profit

SEOUL, Oct 28 (Reuters) – South Korean chipmaker SK Hynix reported a more than seven-fold rise in quarterly operating profit to a record high on Wednesday, beating market forecasts, as continued demand for AI infrastructure drove up memory chip prices. The Nvidia supplier also said it will pursue shareholder returns totalling about 100 trillion won ($75.4 billion) this year, comprising cash…

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