SK Hynix stock: Record quarter sharpens AI memory outlook

SK hynix reported record third-quarter revenue and operating profit on October 28 as demand for AI memory lifted prices for key products. In its earnings release, the company said revenue reached 104.6155 trillion won and operating profit 83.3338 trillion won, up 32 percent and 38 percent respectively from the second quarter.

Record Results Raise Capacity Stakes

The figures marked the first quarter in which revenue exceeded 100 trillion won. SK hynix attributed the advance to high-value-added products, including server DDR5 and high-bandwidth memory. Net income reached 39.7756 trillion won, while the operating margin was 80 percent.

The company also said long-term agreements with 14 major customers, including global cloud service providers, cover more than 50 percent of total production capacity planned for 2027 and 2028. It expects the combination of signed agreements and customer demand under discussion to support strong visibility through 2029.

HBM4 Moves Into The Mainstream

SK hynix said HBM4 shipments began in earnest during the third quarter and expects the product to exceed HBM3E in both shipment volume and revenue in the fourth quarter. The company plans to ramp its M15X facility to maximum capacity by year-end to address demand.

Management expects memory demand to exceed supply through 2030, citing the technical difficulty of advanced processes and the long lead times required for new facilities. That outlook supports the revenue opportunity but also raises execution and investment requirements as customers seek additional supply.

SK Hynix stock traded at 922.00 euros on Lang & Schwarz at 10:12 Berlin time on Saturday, October 31, 2026. Investors can follow the real-time quote of SK Hynix stock.

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Further supply agreements, HBM4 shipments and capital spending will remain central for the latest news and analysis on SK Hynix stock.