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semiconductorsSK Hynixartificial intelligenceNVDA
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/27/2026 | 217.94 |
| Change that session | +0.90% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply
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.
- SK Hynix delivered on third-quarter results — but the outlook is what really mattered to Wall Street and the AI trade
- SK Hynix third-quarter profit sharply beats estimates on AI memory boost
SK Hynix's third-quarter results sharply beat estimates, with revenue of 104.62 trillion won ($78.86 billion) and operating profit of 83.33 trillion won, compared with LSEG SmartEstimates expectations of 98.34 trillion won and 76.72 trillion won. From a year earlier, revenue rose 327.9% and operating profit climbed 632.1%; from the previous quarter, revenue increased 31.9% and operating profit surged 37.6%. As a key supplier of high-bandwidth memory chips to Nvidia, the company is one of the biggest beneficiaries of the global AI infrastructure buildout. In August, it announced plans to repurchase and cancel 40 trillion won worth of its shares and raised its shareholder return target to more than 50% of cumulative free cash flow for 2025 to 2027. Last week, its U.S. subsidiary Solidigm halted its review of pre-IPO fundraising and IPO options, citing market volatility and share price trends.
- Why Micron Stock Is Up Today
Micron Technology (MU) shares rose 5.5% as of 2:24 P.M. ET on Wednesday, October 28, after rival SK Hynix reported strong third-quarter results. SK Hynix posted revenue up 328% year over year to 104.6 trillion won ($78.9 billion) and operating profit up 632%, and said it expects demand to exceed supply through 2030 due to the difficulty of manufacturing advanced chips and the time needed to build factories. The article says tight supply could support Micron's pricing power, noting its latest revenue of $54.23 billion (up from $11.32 billion) and GAAP net income of $37.70 billion (up from $3.2 billion). It also cautions that the memory industry has traditionally followed boom-and-bust cycles.
- Why Is SK hynix (KOSE:A000660) In Focus After Record Results And Payout?
SK hynix reported record Q3 2026 revenue and operating profit, driven by strong demand for high-value AI memory, with HBM4 and related products, including shipments to Nvidia, as key contributors. Management said AI memory production capacity is effectively sold out through 2029, with long-term contracts covering much of 2027 to 2028 output. The company announced a historically large 2026 shareholder return plan, including a ₩14t dividend and a ₩20t repurchase, partly funded by gains from its Kioxia stake. The article notes that capex remains in the high ₩40t range as the company keeps expanding fabs and advanced packaging.
- Why SK Hynix Stock Popped Today
SK Hynix shares rose about 10.5% in the first 10 minutes of Wednesday's trading after its Q3 results beat expectations. Operating profit reached 83.3 trillion won (about $62.1 billion), above the 77.5 trillion won analysts expected, for an 80% operating margin. Revenue surged 328% year over year to 104.6 trillion won, and net income rose 216% to 39.8 trillion won ($29.7 billion), a 38% net margin, driven largely by HBM4 products that the company expects to become its mainstream product from Q4. Management said it has secured long-term agreements covering more than 50% of expected production for 2027–2028. The article says that, trading at under 8 times earnings, SK Hynix looks like a long-term AI winner.
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