SK Hynix Quickens AI Investments After Posting Record Profit

(Bloomberg) — SK Hynix Inc. outlined plans to speed up spending on advanced memory production equipment after reporting record earnings, reflecting surging AI demand.Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomThe South Korean company notched