SK Hynix reports record third-quarter profit driven by strong demand for AI memory chips
SK Hynix reported a significant jump in third-quarter 2026 profits and revenue, with operating profit reaching 83.3 trillion won and sales hitting 104.62 trillion won.
- SK Hynix reported a more than seven-fold jump in quarterly profit.
- SK Hynix revenue was 104.62 trillion won.
- SK Hynix expects memory chip shortages to continue until 2030.
- SK hynix plans to return approximately 100 trillion won to shareholders for the 2026 fiscal year.
- SK hynix expects HBM4 to surpass HBM3E in shipment volume and revenue in the fourth quarter.
- SK Hynix signed long-term agreements with 14 major customers.
- The Nasdaq has gained around 2% so far this week.
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