SK Hynix Q3 profit surge signals chip shortage extending through 2030

SK Hynix $SK posted a strong Q3 earnings beat, with profit surging as semiconductor demand accelerated. The South Korean chipmaker forecast a persistent supply shortage lasting through 2030, driven by sustained AI infrastructure buildout globally.

The guidance contradicts earlier recovery expectations and suggests limited near-term relief for memory chip capacity constraints. Competitors Micron $MU and Broadcom $AVGO also advanced on renewed optimism for the chip sector.

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