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SK Hynix third-quarter profit sharply beats estimates on AI memory boost

South Korean chipmaker SK Hynix reported a record third-quarter operating profit that jumped more than seven-fold, driven by intense demand for artificial intelligence semiconductors and advanced memory products like HBM4. The company posted revenues of 104.6155 trillion won and an operating profit of 83.3338 trillion won, pushing quarterly sales above 100 trillion won for the first time. Alongside the financial results, leadership unveiled plans to return a total of 100 trillion won to shareholders this year, adding 60 trillion won to a previous 40 trillion-won return program. Company shares surged 11% following the announcement.

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  • ✓ SK Hynix reported third-quarter revenues of 104.6155 trillion won, an operating profit of 83.3338 trillion won, and a net profit of 39.7756 trillion won.
  • ✓ SK Hynix shares soared 11% on Wednesday after third-quarter profit beat estimates.
  • ✓ The company announced plans to return a total of 100 trillion won to shareholders this year, which includes an additional 60 trillion won following a prior 40 trillion-won program.
  • ✓ Third-quarter operating profit jumped 632.1% compared to expectations.
🛡️ Source Corroboration: 17 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

SK Hynix published its third-quarter 2026 financial results, revealing a 632% surge in operating profit and a 100 trillion won annual shareholder return plan.

Live updates

  1. SK Hynix Q3 Profit Soars Seven-Fold on AI Demand

    South Korean chipmaker SK Hynix reported a record third-quarter operating profit that jumped more than seven-fold, driven by intense demand for artificial intelligence semiconductors and advanced memory products like HBM4. The company posted revenues of 104.6155 trillion won and an operating profit of 83.3338 trillion won, pushing quarterly sales above 100 trillion won for the first time. Alongside the financial results, leadership unveiled plans to return a total of 100 trillion won to shareholders this year, adding 60 trillion won to a previous 40 trillion-won return program. Company shares surged 11% following the announcement.

    Why it matters

    The earnings release helps soothe investor doubts regarding the sustainability of the ongoing artificial intelligence spending rush. As a primary memory supplier to Nvidia, SK Hynix benefits directly from massive corporate investments in data centers and advanced processors. Long-term contracts and sustained growth in high-bandwidth memory continue to support the firm financial outlook for the chip manufacturer.

    What is confirmed

    • SK Hynix reported third-quarter revenues of 104.6155 trillion won, an operating profit of 83.3338 trillion won, and a net profit of 39.7756 trillion won.
    • SK Hynix shares soared 11% on Wednesday after third-quarter profit beat estimates.
    • The company announced plans to return a total of 100 trillion won to shareholders this year, which includes an additional 60 trillion won following a prior 40 trillion-won program.
    • Third-quarter operating profit jumped 632.1% compared to expectations.

    What to watch next

    • Execution of the 100 trillion won shareholder return program through dividends and buybacks
    • Sustained demand trends for Nvidia processors and data center infrastructure spending
    Sources used for this update (19)
    1. www.zacks.com — Zacks Investment Research: Stock Research, Analysis, & Recommendations
    2. pro.thestreet.com — Most Active Stocks
    3. CNBC — SK Hynix third-quarter profit sharply beats estimates on AI memory boost
    4. Reuters — SK Hynix Q3 profit jumps more than 7-fold, beats forecasts
    5. Seeking Alpha — The Next 24 Hours Will Be Crucial For The End Of The Year (SP500)
    6. Bloomberg.com — SK Hynix Profit Jumps Seven-Fold to Soothe Doubts Over AI Rush
    7. Yahoo Finance UK — Is SK Hynix Stock a Buy Before Q3 Earnings? Key Tips to Note
    8. digg.com — Microsoft, Alphabet and 14 others object to OKXICE’s tokenized-stock plans · Digg
    9. www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
    10. news.skhynix.com — SK hynix Announces 3Q26 Financial Results – SK hynix Newsroom
    11. cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
    12. www.cnbc.com — SK Hynix shares soar as third-quarter profit beats estimates
    confidence 100%
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