News SK Hynix 2022 Operating Profit Drops 44 Percent Amid Chip Slump

I wonder how much of the periodicity in the semiconductor sector is merely a function of CapEx cuts in the lean times leading to production bottlenecks in the fat times... It's probably not the main factor driving the business cycle, but seems like it should amplify the pricing swings.

Further, it'd be interesting to know what areas they see as the key growth sectors. I wonder if their AiA processing-in-memory falls into that category.