SK hynix Reports Record Q3 2026 Revenue and Profit Driven by AI Memory Demand
SK hynix has achieved record-breaking quarterly results, reporting revenue of KRW 104.6 trillion—a 328% increase year-over-year—and an operating profit of KRW 83.3 trillion. This massive growth was fueled by surging demand for AI-related products, specifically HBM4 and server DDR5, which drove significant increases in average selling prices (ASP) across both DRAM and NAND segments. The company is entering a structural growth phase, with over 50% of its capacity for 2027 and 2028 already secured through long-term agreements. To capitalize on the AI data center boom, SK hynix plans to significantly increase capital expenditures in 2027 to support advanced process transitions at its Yongin fab. Additionally, management announced an aggressive shareholder return program targeting KRW 100 trillion for FY 2026.
Tickers: $SKHYV
Topics: AI infrastructure demand DRAM shipments HBM sales NAND ASP operating profit revenue growth
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