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.

SK Hynix widened its lead in HBM, with a 70 per cent market share in the first quarter, Counterpoint Research said. Its HBM market share will remain above 50 per cent this year, with Samsung’s share falling to below 30 per cent and US rival Micron Technology’s share rising to almost 20 per cent, according to market researcher TrendForce.