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MacroeconomyJuly 29, 2026 at 10:45 AM

SK Hynix Slumps as Profit Misses; US Intercepts Iran Attack on Bases

724FinancePelin Arı

SK Hynix's second-quarter profit fell short of expectations, with a decline of up to 10%. This decline is attributed to a 20% decrease in the company's semiconductor sales. Meanwhile, the US's efforts to intercept Iran's attack on its bases are increasing geopolitical tensions.

■SK Hynix's profit decline: 10% - Decrease in semiconductor sales: 20% - US efforts to intercept Iran's attack: geopolitical tensions