SK Hynix Targets Long-Term Supply Deals Amid Growing AI Spending Jitters

SK Hynix Targets Long-Term Supply Deals Amid Growing AI Spending Jitters

Yahoo Finance reports that the South Korean memory giant posted a sixfold increase in quarterly profit, yet saw its stock price tumble nearly 10% after missing analyst projections. The company is now pivoting toward five-year supply contracts to mitigate the volatility inherent i

Yahoo Finance reports that the South Korean memory giant posted a sixfold increase in quarterly profit, yet saw its stock price tumble nearly 10% after missing analyst projections. The company is now pivoting toward five-year supply contracts to mitigate the volatility inherent i