SEOUL, April 23 (Reuters) - South Korea's SK Hynix posted a 406% jump in quarterly profit on Thursday, as the artificial intelligence boom drove strong demand for both advanced and conventional memory chip products.
The Nvidia supplier reported a 37.6 trillion won ($25.42 billion) operating profit for the January-March period, up from 7.4 trillion won a year earlier.
That was in line with a 37.9 trillion won forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate.
($1 = 1,478.8600 won)
(Reporting by Heekyong Yang and Joyce Lee; Editing by Miyoung Kim and Chris Reese)
