SK hynix is projected to report an all-time high operating profit of 64.1 trillion won ($43.7 billion) for the second quarter, driven by its dominant position in the high-bandwidth memory (HBM) market.

The forecast, reported by Yonhap, signals that the South Korean memory chipmaker continues to capitalize on robust demand for advanced memory solutions required by artificial intelligence infrastructure.

The staggering profit figure highlights the financial scale of the AI-driven semiconductor boom.

SK hynix’s leadership in HBM, a critical component for AI accelerators, has allowed it to command premium pricing and secure substantial market share.

This performance reinforces the company’s strategic advantage over competitors in the high-end memory segment.

The record earnings come as SK hynix manages significant cash reserves generated from the industry upcycle.