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SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom

SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of advanced DRAM chips with high bandwidth memory (HBM) for use in generative AI chipsets. "The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said.

21-Year-Old Survives Near Drowning After Going at Least 5 Minutes Without a Pulse, Authorities Say

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