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SK Hynix stated in a declaration: “As AI evolves from the large model training stage to the 'agent AI' stage (that is, real-time reasoning is repeatedly performed in various service environments), the demand base for both DRAM and NAND flash memory continues to expand.” This NVIDIA supplier reported operating profit of 37.6 trillion won (about 25.42 billion USD) during January-March this year, compared to only 7.4 trillion won in the same period last year. This figure matches the LSEG SmartEstimate forecast of 37.9 trillion won, which mainly references analysts with long-standing accurate records. Quarterly revenue increased by 198% year-on-year, reaching 52.6 trillion won.

Glonghui April 23rd｜Lululemon announced on Wednesday the appointment of Heidi O’Neill as the new CEO of the athleisure brand, effective September 8. This announcement follows more than a year of poor performance by the company and its involvement in an intense proxy fight, with founder Chip Wilson having repeatedly criticized the company’s management in public. After the announcement, Lululemon’s share price fell more than 5% in after-hours trading. O’Neill previously held several key positions at Nike, where she contributed to the athletic apparel giant’s growth; she has also worked at Levi’s, Hyatt Hotels, and Spotify.

The previous consecutive days of “minimum-volume” reverse repo operations have come to an end, with the central bank moderately increasing its injection efforts to hedge against short-term funding fluctuations. On April 21, the central bank conducted a 500 million yuan 7-day reverse repo operation, achieving a net injection of 400 million yuan. On April 22, the central bank continued with a 600 million yuan reverse repo operation, resulting in a net injection of 550 million yuan for the day, and explicitly stated that it would “fully meet the needs of primary dealers.” According to market participants, at this critical point during the tax period, the central bank’s move to increase the scale of injections to “trim the peaks and fill the troughs” helps to smooth out liquidity fluctuations, and is viewed as a measure to safeguard liquidity during the tax period.