South Korea's storage giant SK Hynix's latest financial report directly outperforms Nvidia

SK Hynix's first-quarter revenue reached $35.5 billion, with a net profit of $25.4 billion, and a net profit margin soaring to 77%, firmly surpassing Nvidia.
How exaggerated is this profit margin? To put it simply, selling storage chips for 100 yuan results in a pure profit of 77 yuan.
Looking at all manufacturing industries worldwide, and most industries as well, it's almost impossible to find a second company achieving this level of profitability.
At its peak, Tesla's net profit margin was only 15%, and Moutai, known for its long-term high profits, is around 30%.
Compared to Nvidia's 65% profit margin, TSMC's 58% becomes less impressive, making it the most profitable company in the global chip industry.
What does a 77% net profit margin mean? Simply put, sell a storage chip for 100 yuan, and you keep 77 yuan as pure profit.
In the entire manufacturing sector worldwide, and in most industries, it's almost impossible to find another company reaching this level of profitability.
Currently, all tech companies worldwide are building AI data centers, which require a high-end memory called HBM.
SK Hynix was the earliest and best at this, selling it at high prices, and others are scrambling to buy it.
Just the price of memory chips increased by 60% in one quarter, and flash memory rose by 70%.
Ordinary memory used in phones and computers isn't selling very well, but chips for AI servers are selling like crazy, making up for the smaller profit margins.
And one more thing, now supply cannot meet demand.