TradingKey – During the Asian session on July 29, SK Hynix ( SKHY) reported record second-quarter earnings, but the stock still experienced volatility as the results missed market expectations. However, addressing widespread market skepticism over the sustainability of AI infrastructure investment, the memory giant offered a firm rebuttal during its earnings call.

According to the financial report, driven by strong demand for AI server memory, SK Hynix’s second-quarter revenue surged 257% year-on-year to 79.32 trillion won (equivalent to $54.3 billion), and operating profit skyrocketed 557% year-on-year to 60.54 trillion won (equivalent to $42 billion), with both hitting historic quarterly highs. However, the operating profit fell…