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SK Hynix dismisses HBM oversupply concerns, deepens TSMC partnership for HBM4 development

SK Hynix delivered a record-breaking performance in the third quarter of 2024 with both revenue and operating profit reaching all-time highs, driven largely by its dominance in high bandwidth memory (HBM). The company confidently dismissed market concerns about HBM’s oversupply, reaffirming the strength of its product lineup and projecting continuous profitability.