SK Hynix Reports Record Q3 2026 Revenue Driven by AI Memory Demand
SK Hynix (SKHY) announced record quarterly revenue of 104.6 trillion South Korean won during its Q3 2026 earnings call, marking the first time the company has surpassed the 100 trillion won threshold. This growth is primarily driven by accelerating demand for artificial intelligence memory solutions and a strategic shift toward High Bandwidth Memory 4 (HBM4), which is expected to become the company's flagship product in the fourth quarter. To ensure long-term stability, the chipmaker has secured long-term agreements covering over 50% of its total capacity for 2027 and 2028. Additionally, management announced an aggressive capital allocation plan aimed at returning approximately 100 trillion won to shareholders through dividends and share buybacks during the 2026 fiscal year.
Tickers: $SKHYV
Topics: AI Memory Demand Earnings Report HBM4 Production Long-term Contracts Shareholder Returns
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