SK hynix is set to report a strong Q3 with expected revenue growth of 37% sequentially and 336% annually, driven by high memory demand and AI-related growth. Analysts forecast $6.25 adjusted EPS on $74.6 billion revenue, supported by supply constraints and strong pricing power in high-bandwidth memory and enterprise SSDs. The company is expected to maintain high margins and profitability, with a bullish outlook and a $276 fair value target amid recent share price weakness. This reflects confidence in SK hynix’s continued outperformance in the data center and AI-driven markets.
SK hynix shares rose 4.95% to USD 143.24 on Pluang as of Oct 20, 2026 00:21 WIB. The stock trades below its 52-week high of USD 198.63, with a market cap of $691.18B. Volume reached 29,663,988, reflecting active investor interest around the earnings preview.
Memory chip stocks surged as concerns about AI spending faded, leading to a rebound in tech shares. Micron Technology rose 4% after reporting strong Q4 2026 results and forecasting higher revenue for fiscal Q1 2027, driven by high-bandwidth memory de...
Shares of SK Hynix, SanDisk, and Micron each dropped about 3% amid concerns over China's CXMT advancing in memory chip technology. Goldman Sachs, however, told clients that fears about CXMT's threat to advanced memory chips are exaggerated and highli...
Micron, Samsung, and SK hynix are earning record profits from high DRAM prices driven by a global memory shortage and AI demand. However, China's CXMT is rapidly expanding its DRAM manufacturing capacity by 83% from 2025 to 2028 and advancing technol...
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