SK Hynix Posts Record Quarter, Sees Tight Memory Supply

SK Hynix reported record third-quarter revenue and operating profit on October 28, 2026, and said it expects memory demand to exceed supply through 2030. The South Korean chipmaker also outlined about 100 trillion won in shareholder returns for fiscal 2026, including dividends and share repurchases. Revenue reached 104.6155 trillion won, the first time the company has recorded more than 100 trillion won in a quarter. Operating profit was 83.3338 trillion won, up 632.1% from a year earlier, while net profit rose 215.7% to 39.7756 trillion won. SK Hynix said revenue and operating profit were both quarterly records. The results announcement attributed the performance to demand for memory products used in artificial intelligence infrastructure, including server DRAM and high-bandwidth memory. The company’s projection of tight supply through 2030 is its own outlook, not a confirmed future outcome. SK Hynix cited the technical difficulty of producing leading-edge memory and the long time required to build new facilities. It also expects AI infrastructure investment to expand beyond a small number of companies, supporting further demand. To secure demand visibility, SK Hynix said...