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Nvidia supplier SK Hynix logs bumper Q1, sees limited tariff impact on AI chips
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SK Hynix, a key supplier of high-bandwidth memory processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential U.S. tariffs.
Washington has launched an investigation into semiconductor imports, arguing that extensive reliance on foreign production is a national security threat.
There have also been concerns that increased U.S. export controls on chips to China, which have resulted in a $5.5 billion hit to Nvidia, could harm SK Hynix.
“Regarding…
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