Find XO: SK Hynix Achieves 72% Operating Profit Margin; HBM Bottleneck Becomes New Constraint for AI Startups (cnbc.com)

- SK Hynix recorded its best-ever results with 52 trillion won in sales and a 72% operating profit margin in Q1. - Only three companies mass-produce HBM, and SK Hynix holds more than half of the market share. - However, it has rarely lasted that component suppliers have higher margins than finished product companies, and prices have collapsed after capacity expansions in every cycle. - AI product teams now need to consider designs that can withstand both high and low memory prices.