News · Yahoo Finance

AI chip giant SK hynix posts seven-fold surge in quarterly operating profit

SK hynix reported a 632% jump in third-quarter operating profit, driven by booming demand for AI semiconductors, and announced plans to return an additional 60 trillion won to shareholders. Operating profit for July–September reached 83.33 trillion won ($62.8 billion), about seven times the year-ago level, while net profit rose 215.7% to 39.77 trillion won and sales hit 104.61 trillion won. The company said it has posted record revenue and operating profit for six straight quarters. However, net profit fell short of the 59.67 trillion won average analyst estimate, according to Yonhap. SK hynix also plans to return most of the gains from its Kioxia investment through special dividends.

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MarketUS stocks
SectorInformation Technology
IndustrySemiconductors
Market cap$5.1T
Close on 10/27/2026217.88
Change that session+0.87%
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