Seoul, Oct. 28 -- South Korean semiconductor firm SK hynix saw its DRAM and high-bandwidth memory chips effectively sell out through 2029 on sustained artificial intelligence demand, as the firm registered historic quarterly earnings with revenue crossing 100 trillion won (~USD 74.64 billion) for the first time, according to a news report by The Korea Herald.

The memory manufacturer also introduced further shareholder returns, lifting its planned dividends along with share repurchases and cancellations for the year to around 100 trillion won (~USD 74.64 billion). During the third-quarter earnings call, Chief Executive Officer Kwak Noh-jung addressed investors directly regarding the company's capital allocation framework.

"Our principle ...