AlphAIAlphAI — Financial news for AI agents
grafa.comOCT 282 min read$SKHY

SK hynix Q3 Revenue Hits Record 104.6 Trillion Won

SK hynix reported Q3 2026 revenue of 104.62 trillion won, up 328% YoY, with operating profit at 83.33 trillion won (80% margin). Net income was 39.78 trillion won, down 58% QoQ but up 216% YoY. The company approved a 20 trillion won share buyback and a dividend of 20,000 won per share. Long-term customer agreements cover over 50% of 2027-2028 production capacity, and HBM4 memory is expected to surpass HBM3E in Q4.

Original reporting
grafa.com
Published Oct 28, 2026, 8:46 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 9:16 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
SK hynix Q3 Revenue Hits Record 104.6 Trillion Won — source image
Source · grafa.com
Decision brief

The 30-second read

$SKHYBullishMed
01

Why it matters

The earnings beat and buyback signal strong financial health, likely supporting the stock.

02

Market read

Record revenue and a large buyback make this earnings release highly relevant for traders.

03

What to watch

Potential supply constraints or pricing pressure in HBM4 could temper upside.

Relevance 8/10Novelty 8/10Timing: pre-market

Background

SK hynix is a leading memory chip manufacturer with exposure to AI-driven demand.

Company-level read

Ticker impact

$SKHYBullishHigh confidence
Context

SK hynix reported record Q3 2026 revenue of 104.62 trillion won and announced a 20 trillion won share buyback.

Expected impact

potential upside as market prices in record revenue and buyback support

Evidence & confidence

Revenue up 328% YoY and a large buyback are material catalysts for a large-cap memory supplier.

Market effects

Sector

Memory chip sector may see broader rally on SK hynix's strong demand outlook.

Regional

Korean market could benefit from the earnings beat.

Global

High, given SK hynix's role in global AI and data-center supply chains.

Counterpoint

What could challenge this read

Net income fell sequentially and operating profit margins may be unsustainable.

Key entities

  • Company
    SK hynix

    Semiconductor memory supplier.

Read at source← All news

Also covered by

5 outlets

Related articles

OCT 28
$SKHYHighAI 8/10

SK Hynix’s Profit Jumped 632% as AI Eats the World’s Memory

SK Hynix reported a 632% increase in operating profit to 83.3338 trillion won ($62 billion) for Q3 2026, with revenue at 104.6155 trillion won ($78 billion). The company's CEO stated that DRAM and HBM volume is sold out through 2029. Shares rose 7.76% in Seoul after the earnings release. Micron Technology also saw gains, confirming pricing trends. Both companies are benefiting from AI-driven demand and high memory prices.

247wallst.com2 min
OCT 28
$SKHYMed

Needham raises SK Hynix stock price target to $235 on supply outlook

Needham raised its price target for SK Hynix (NASDAQ:SKHY) to $235, citing strong Q3 results and a supply-constrained environment. The company reported record revenue of KRW 104.6 trillion and operating profit of KRW 83.3 trillion, driven by AI-related memory chip demand. RBC Capital maintained an Outperform rating with a $200 target, highlighting DRAM pricing strength and shareholder returns plans.

investing.com1 min
OCT 28
$SKHYHighAI 8/10

SK Hynix Jumps 8% After a 632% Profit Surge and a $45 Billion Shareholder Pledge. Micron and SanDisk Are Riding Along.

SK Hynix (SKHY) reported a 632% increase in operating profit and a $45B shareholder return plan, causing its shares to rise 8% premarket. Micron (MU), SanDisk (SNDK), and Western Digital (WDC) also saw gains. SKHY's revenue and operating profit set records, but net profit missed estimates. The company's pledge follows shareholder demands for better payouts.

247wallst.com3 min
OCT 28
$VRTHighAI 8/10

Vertiv Soars 16% and Enphase Sinks 17%: 6 Stocks Moving Before the Bell

Vertiv (VRT) rose 16% after strong Q3 results, with sales up 61% and orders over 100% growth. Enphase (ENPH) fell 17% due to weak solar demand and lowered guidance. SK Hynix (SKHY) gained 8% on record profits and a $45B return plan. NXP (NXPI) dropped 7% despite strong earnings due to disappointing outlook. Robinhood (HOOD) slid 8% after a profit miss. SolarEdge (SEDG) fell 6% in sympathy with Enphase.

247wallst.com3 min