Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose 68%, year on year.

South Korea's SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative artificial intelligence chipsets and as some customers stockpiled semiconductors ahead of potential U.

SK Hynix, a major supplier of advanced memory chips to Nvidia, is set to significantly boost capital spending in 2025 after reporting a record operating profit of USD 6.7 billion in the second quarter.