SK Hynix reported record third-quarter revenue of 104.6 trillion won (almost $78 billion), up 328% year on year and above 100 trillion won for the first time. Operating profit reached 83.3 trillion won ($65.5 billion), up 632%, for an 80% operating margin, while net income of 39.8 trillion won rose 216% year on year but fell 58% from the second quarter due to net non-operating expenses of 32.6 trillion won. The company says memory demand will keep exceeding supply through 2030, with DRAM and HBM volumes through 2029 effectively sold out. Long-term agreements with 14 key customers cover more than 50% of its 2027 and 2028 production capacity. Major cloud customers reported cloud revenue growth of 30% to 80% year on year, and SK Hynix expects investment to rise significantly in 2027 as the first phase of its Yongin chip complex enters full-scale operation.
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semiconductorsartificial intelligenceearningsSK HynixNVDA
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NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
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