WS #12952

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SK Hynix Q2 profit surges 557% to record high, revenue up 257% YoY, but misses estimates. Guides for strong HBM4 supply expansion and long-term deals with 10 clients. Apple briefly surpassed $5 trillion market cap, becoming second company to do so, reclaiming top spot from Nvidia amid rotation from AI infrastructure to proven earnings.

SK Hynix Q2 earnings beat on AI demand

SK Hynix Q2 profit surges 557% to record high, revenue up 257% YoY, but misses estimates. Guides for strong HBM4 supply expansion and long-term deals with 10 clients.

Apple briefly surpassed $5 trillion market cap, becoming second company to do so, reclaiming top spot from Nvidia amid rotation from AI infrastructure to proven earnings.

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