SK스퀘어 영업익 8.3조원 '사상 최대'…하이닉스 효과에 훈풍

SK Square's record earnings, driven primarily by SK Hynix's valuation surge, exemplifies how semiconductor exposure generates outsized returns in the AI era. The company's strategic shift toward AI and semiconductor investments, coupled with shareholder returns and improving NAV metrics, represents a deliberate restructuring to close the valuation gap that has historically plagued Korean holding companies.