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The artificial intelligence boom has reset what counts as a good quarter in semiconductor memory.
Against the backdrop of AI-charged expectations, SK Hynix reported exponential growth in both profit and revenue, yet its shares fell because analysts had priced in still more.
The gap between an extraordinary result and an even loftier forecast is the defining tension of this cycle.
A result measured against an inflated benchmark SK Hynix delivered exponential gains in profit and revenue, meeting the basic definition of breakout growth by any conventional standard.
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