Tech stocks soar as SK hynix adds to rising AI confidence

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• Dow Jones Futures Fall, Techs Rise As SK Hynix Crushes Views; Fed, Microsoft, Google On DeckYahoo Finance·28/10, 02:59▲ QQQ▲ GOOGL▲ MSFT▲ NVDADow JonesFedtech stocks
• SK Hynix Shares Spike in Seoul as Q3 Profit Jumps More Than 7-Fold: Memory Giant Plans $75 Billion in Shareholder Returns

  SK hynix (NASDAQ:SKHY) reported a record third-quarter operating profit of KRW 83.33 trillion ($62.55 billion), up 632% year-on-year and above the KRW 76.7 trillion LSEG SmartEstimate, while revenue rose 328% to KRW 104.62 trillion ($78.52 billion). The company credited higher memory prices and AI server demand, and said it has signed long-term agreements with 14 major customers, typically running five years, covering more than 50% of its production capacity for 2027 and 2028. It plans to return about KRW 100 trillion ($75 billion) to shareholders this year, including at least KRW 30 trillion in dividends and at least KRW 60 trillion in buybacks. Shares in Seoul rose 6.64% to KRW 1,430,000, while Nasdaq-listed ADRs closed 1.92% higher at $145.36 and gained 2.78% to $149.40 in extended trading.

  Yahoo Finance·28/10, 01:36▲ NVDASK Hynixsemiconductorsearnings
• 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.

  CNBC·27/10, 23:34▲ NVDASK Hynixearningssemiconductors
• SK Hynix Q3 2026 Earnings Date : Can HBM4 Demand Deliver Another Record Profit ?markets.com·27/10, 05:15▲ NVDASK Hynixsemiconductorsearnings
• Not Nvidia. This Chip Stock Has More Upside, According to Wall Street.

  The article says Nvidia (NVDA) has grown strongly on its AI chip dominance, while analysts see SK Hynix (SKHY) as having potentially larger gains. SK Hynix has a median 12-month price target of $250 from 14 analysts, implying about 82% upside, versus $320 for Nvidia, implying about 52%. SK Hynix's Q2 revenue rose 257% year over year and net profit rose 557%, compared with 106% revenue growth and 120% non-GAAP earnings growth for Nvidia in fiscal Q2. Counterpoint Research estimates SK Hynix holds half of the HBM market, and Bloomberg Intelligence projects HBM revenue of $641 billion by 2030, up from a previous $260 billion estimate. Bank of America notes that HBM requires 3x the wafer capacity of conventional DRAM, which could keep the memory market undersupplied.

  Yahoo Finance·26/10, 16:35SK HynixNvidiasemiconductors
• Here's What $1,000 Spread Across These 4 Memory and Storage Stocks Could Be Worth by 2030

  SK Hynix listed on the Nasdaq in July in the largest ADR offering in Wall Street history, raising roughly $26.5 billion, and major AI memory suppliers now trade on one US exchange. The author compares Micron, Sandisk, SK Hynix and Western Digital, pointing to Micron's HBM4 production for Nvidia's Vera Rubin platform, Sandisk's multiyear supply agreements, SK Hynix's single-digit multiple of trailing earnings, and Western Digital's nearly sold-out 2026 capacity. The article also flags memory's cyclical nature, noting Micron's shares lost roughly half their value in the 2022 downturn. In the author's own scenario, with assumed annual growth of 20%, 18% and 15% for different stocks, $1,000 split equally would reach about $1,880 by 2030, or about $1,460 if all four match a 10% market average.

  Yahoo Finance·26/10, 10:20semiconductorsartificial intelligenceMicron

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  Yahoo Finance·28/10, 07:00▲ NVDAartificial intelligenceNvidiarobotics
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