SK Hynix reported a record 632% increase in operating profit for Q3 2026, driving its shares up 8% premarket. The company also announced a $45 billion shareholder return plan, boosting investor confidence. This surge positively influenced other memory stocks like Micron, SanDisk, and Western Digital. However, experts caution the strong earnings may not be sustainable beyond 2027, making the rally a potential relief bounce rather than a long-term trend reversal.
SK Hynix shares surged 7.81% to USD 156.80 on Pluang as of Oct 28, 2026 18:01 WIB, echoing the strong profit report and shareholder pledge. Micron and SanDisk also gained, up 4.44% and 4.90% respectively, reflecting the broader memory sector rally. Despite the gains, Pluang order activity shows a majority selling sentiment for SK Hynix at 71%, suggesting cautious investor positioning.
SK Hynix reported a 31.9% rise in Q3 revenue and a 37.6% increase in operating profit, beating analyst expectations. Strong demand for memory chips is evident as DRAM and NAND prices rose over 20% quarter-on-quarter, with Q4 guidance indicating furth...
SK Hynix reported a sharp rise in its third-quarter results, with operating profit surging 632.1% year-over-year to 83.33 trillion won, surpassing analyst expectations. Revenue also jumped 327.9% to 104.62 trillion won, driven by strong demand for hi...
SK hynix has sold out its AI memory capacity, focusing on high-margin Tier-1 AI accelerators, while Micron secures over 75% of its 2027 shipments through long-term contracts across diverse customers. SK hynix reported strong operating profits driven ...
The iShares MSCI South Korea ETF (EWY), heavily concentrated in SK hynix and Samsung Electronics, is viewed mainly through its exposure to memory chip companies. Although EWY offers some diversification compared to direct memory chip investments, its...
SK hynix's stock surged 6-8% in Seoul following Anthropic's surprise IPO filing, which boosted investor interest in AI-related chip stocks. The rally reflects optimism about growing demand for high-bandwidth memory used in AI servers. However, the st...
