People stand next to the logo of SK hynix during a semiconductor exhibition at the COEX convention and exhibition centre in Seoul on October 24, 2024. South Korean chip giant SK hynix reported record quarterly profits on October 24, thanks to soaring global demand for artificial intelligence, and gave a positive outlook for next year. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images)