SK Hynix Q3 record earnings and memory shortage forecast
Current overview (not historical)
SK Hynix reported record Q3 revenue of 104.6 trillion won and operating profit of 83.3 trillion won, surpassing market expectations. The company forecast that memory demand will outpace supply through 2030, citing constraints in advanced chip manufacturing and factory construction cycles. Management stated that DRAM and HBM volumes through 2029 are effectively sold out, with over 50% of 2027-2028 capacity locked in long-term agreements. Following the announcement, SK Hynix stock rose 5.67% to 1.417 million won, and broader AI-related equities including the Kospi index and U.S. premarket gainers rallied on the results.
Written with AI from the reporting · updated 10/29/2026
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- 1Unclassified fact stationOct 28, 00:00recorded Oct 28, 10:24single source
SK Hynix stock jumps 5.67% after record quarterly sales
Read original source ↗ BeInCryptoReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- SK Hynix
- Action：
- stock price increase
- Object：
- 5.67% rise to 1.417 million won
- Occurred (fact side)：
- Oct 28, 00:00
- Published (valid side)：
- Oct 28, 10:00
- First seen (known side)：
- Oct 28, 10:24
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 28, 00:00recorded Oct 28, 18:22single sourcerevised
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
Read original source ↗ CoinDeskReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- South Korea's Kospi
- Action：
- surged
- Object：
- 6.6%
- Occurred (fact side)：
- Oct 28, 00:00
- Published (valid side)：
- Oct 28, 17:59
- First seen (known side)：
- Oct 28, 18:22
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 3Unclassified fact stationOct 29, 00:00recorded Oct 29, 05:54revised
SK Hynix posts record quarter on AI memory demand
Read original source ↗ DecryptReplay this moment in the explorerEvidence & revisions · 2 source records
- Subject：
- SK Hynix
- Action：
- reported third-quarter results
- Object：
- revenue of 104.6 trillion won and operating profit of 83.3 trillion won
- Occurred (fact side)：
- Oct 29, 00:00
- Published (valid side)：
- Oct 29, 05:16
- First seen (known side)：
- Oct 29, 05:54
- Published (valid side)：
- Oct 29, 20:08
- First seen (known side)：
- Oct 29, 20:42
Fact stationRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- BeInCryptoMicron and SanDisk stocks rally as SK Hynix forecasts memory demand outpacing supply through 2030
Report first recorded Oct 29, 20:42
SK Hynix forecast that memory demand will outpace supply through 2030, driving a rally in Micron and SanDisk shares. The company reported record third-quarter revenue of 104.6 trillion won and operating profit of 83.3 trillion won, with more than half of 2027 and 2028 capacity already committed. Elon Musk added to the bullish narrative, arguing robots will drive memory demand. However, Thursday saw premarket declines for both stocks, and SanDisk faces earnings due after the close.
Read original source ↗ - DecryptSelectedSource report revisedSK Hynix Reports Record Q3 Revenue and Profit as AI Memory Demand Outpaces Supply
Report first recorded Oct 29, 05:54
SK Hynix announced third‑quarter revenue of 104.6 trillion won (about $78 billion) and operating profit of 83.3 trillion won (about $65.5 billion), a 328 % and 632 % increase YoY respectively, giving the company an 80 % operating margin. It is the first time the South Korean memory‑chip maker’s quarterly sales exceeded 100 trillion won. The company said that demand for DRAM and high‑bandwidth memory (HBM) will continue to outstrip supply through 2030, and that its DRAM and HBM volumes through 2029 are effectively sold out. Long‑term agreements with 14 key customers cover more than half of SK Hynix’s 2027 and 2028 production capacity, locking in future demand. CFO Kim Woo‑hyun noted that the drop in net income from the second quarter was largely due to non‑operating expenses, including an 11.6 trillion won currency loss and a 22.9 trillion won valuation loss on investments.
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- CoinDeskRelated fact: single sourceSource report revisedKospi surges 7% as SK Hynix earnings fuel AI stock rebound
Report first recorded Oct 28, 18:22
South Korea's Kospi index jumped 6.6% on Wednesday following SK Hynix's record quarterly profit, which exceeded analyst forecasts by more than 7%. The memory chipmaker forecast shortages through at least 2030 and announced a $45 billion shareholder payout, reigniting investor appetite for AI-related stocks. U.S. premarket trading saw Micron and SanDisk rise over 4% as the rally extended beyond Seoul.
Read original source ↗ - BeInCryptoRelated fact: single sourceSK Hynix shares jump 5.67% on record quarterly sales, bets on memory shortage until 2030
Report first recorded Oct 28, 10:24
SK Hynix reported record Q3 revenue of 104.6 trillion won and operating profit of 83.33 trillion won, beating LSEG SmartEstimates. The company forecasts a memory supply shortage until 2030, citing technical difficulties in producing leading-edge chips and long factory build times. It also signed long-term agreements covering over 50% of 2027-2028 capacity with 14 major customers.
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- Comparable peak
- 23Oct 29, 06:00
- 24h change
- -70%
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