SK hynix Stock Crashes 10% Despite 557% Q2 AI Profit

The post SK hynix Stock Crashes 10% Despite 557% Q2 AI Profit appeared first on Coinpedia Fintech News

South Korean chip giant SK Hynix’s stock price crashed nearly 10% on July 29 despite the chipmaker reporting its strongest quarterly operating profit ever. The company’s profit jumped more than 557% year over year, but missed high market expectations.  SK hynix Profit Hits Record, But Misses Estimates According to SK hynix’s second quarter earnings report, …