SK Hynix's explosive Q1 financial report: revenue reached 52.58 trillion KRW, up 160% QoQ and a staggering 298% YoY. Operating profit hit 37.61 trillion KRW, soaring 196% QoQ and skyrocketing 505% YoY, with an operating profit margin of 72%, marking the highest single-quarter level in history. Net profit came in at 40.35 trillion KRW, with a net profit margin of 77%. The revenue surge mainly stems from two factors: 1. Significant price increases in DRAM and NAND memory; 2. A continued rise in the proportion of high-value-added products. From the product side: DRAM shipment volume (B/G) remained flat QoQ, but average selling price (ASP) jumped over 60% QoQ; NAND shipment volume dropped about 10% QoQ, yet ASP surged over 70% QoQ. The chart below shows how SK Hynix's financial metrics have been climbing steadily over the past few quarters. As AI technology evolves from model training to inference and Agentic AI stages, the data generated by AI agents continues to grow, broadening the foundational demand for DRAM and NAND. The tight supply-demand dynamics for high-performance memory are expected to persist for some time. Back in March, I wrote a long article detailing SK Hynix's legendary development journey—highly recommend checking it out. This post is sponsored by @bitget_zh: "Bitget Buy US Stocks: Instant entry, seamless trading