News · Yahoo Finance

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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SK Hynixsemiconductorsearningsartificial intelligenceSouth Korea

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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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