SK Hynix $000660.KS, a global leader in the semiconductor industry, has reported more than a twofold increase in its quarterly profits. This remarkable financial leap is primarily driven by sustained and rapidly growing demand for memory chips used in artificial intelligence (AI) applications. A vital component of this success is SK Hynix’s strong partnership with US-based tech giant Nvidia $NVDA, which has reinforced the company’s standing across global markets.