• SK Hynix's quarterly profit more than doubled on strong AI chip sales and stockpiling ahead of potential US tariffs, but it warned that macroeconomic uncertainties could create demand volatility in the second half of the year.
• The Nvidia supplier reported on Thursday (Apr 24) a 7.4 trillion won (US$5.19 billion) operating profit for the first quarter ended March, versus 2.9 trillion won a year earlier.
• Quarterly revenue for the South Korean firm jumped 42 per cent to 17.6 trillion won.

Link: https://www.channelnewsasia.com/business/nvidia-supplier-sk-hynix-sees-limited-tariff-impact-ai-chips-after-bumper-q1-5085026