SK Hynix Posts Record Q3 2026 Profit and Warns Memory Shortage Will Last Through 2030

SK Hynix announced third-quarter 2026 results on October 28. Revenue hit 104.6 trillion won, a 328 % YoY rise, and operating profit climbed to 83.3 trillion won, up 632 % YoY, giving an 80 % operating margin, the highest ever. The company projected that global memory demand will continue to outstrip supply through 2030.

SK Hynix Stock Jumps After Record Q3 Earnings: What Investors Need to Know

SK Hynix has signed LTAs with 14 major customers, covering more than 50 % of production capacity for 2027-2028. Combined with contracts under discussion, the firm says its DRAM and HBM output is effectively sold out through 2029.

SK Hynix Is Sold Out Through 2029 as Seagate Locks In Demand Into 2030

The firm unveiled a shareholder-return program of roughly 100 trillion won for fiscal 2026, including:

South Korea's SK Hynix Posts Q3 Operating Profit Above 83 Trillion Won, Unveils 100 Trillion Won Shareholder Return Plan — BigGo Finance

• Cash dividends of at least 30 trillion won, with a special dividend tied to gains from the Kioxia investment.

SK hynix Announces 3Q26 Financial Results – SK hynix Newsroom

• Share buybacks and cancellations of at least 60 trillion won, building on a 40 trillion won buyback completed in August.

SK hynix Rejects Memory Peak Talk, Says HBM Sold Out Through 2029

The board approved a third-quarter dividend of 20 000 won per share (14 trillion won total) and a 20 trillion won share-repurchase program, half of which will be cancelled to boost EPS.

SK Hynix tops 100 tril. won in quarterly revenue, says memory shortage will last through 2030

The firm highlighted a “virtuous cycle” where AI-driven productivity gains broaden the investment base beyond cloud providers, reinforcing demand for memory.

SK hynix says DRAM, HBM booked through 2029 as profit soars to $62B

Regulators criticized the halt of the planned IPO of Solidigm, SK Hynix’s U.S. NAND subsidiary, fearing it could erode shareholder value. Financial Supervisory Service Governor Lee Chan-jin and Financial Services Commission Chairman Lee Eog-weon stressed the board’s duty to protect shareholders and questioned the timing of the cancellation.

SK Hynix tops 100 tril. won in quarterly revenue, says memory shortage will last through 2030

• Revenue: 104.6 trillion won (+328 % YoY)

South Korea's SK Hynix Posts Q3 Operating Profit Above 83 Trillion Won, Unveils 100 Trillion Won Shareholder Return Plan — BigGo Finance

• Operating profit: 83.3 trillion won (+632 % YoY)

South Korea's SK Hynix Posts Q3 Operating Profit Above 83 Trillion Won, Unveils 100 Trillion Won Shareholder Return Plan — BigGo Finance

• Net profit: 39.8 trillion won (+216 % YoY)

South Korea's SK Hynix Posts Q3 Operating Profit Above 83 Trillion Won, Unveils 100 Trillion Won Shareholder Return Plan — BigGo Finance

• Operating margin: 80 %

South Korea's SK Hynix Posts Q3 Operating Profit Above 83 Trillion Won, Unveils 100 Trillion Won Shareholder Return Plan — BigGo Finance

• DRAM ASP: high-20 % YoY increase

SK Hynix: The memory shortage will continue through 2030

• HBM4 expected to surpass HBM3E in Q4 2026 shipments

SK Hynix Is Sold Out Through 2029 as Seagate Locks In Demand Into 2030

A prolonged memory shortage impacts AI data-center builders, autonomous-vehicle developers, and robotics firms that rely on high-bandwidth memory. Tighter supply for commodity DRAM and NAND is already pushing up prices for PCs, smartphones, and gaming consoles. The KOSPI rose over 6 % after the release, with SK Hynix shares gaining about 10 % on the day. Analysts now expect operating profit to breach 100 trillion won in Q4 2026, reinforcing the firm’s position in the AI-driven memory supercycle.

Price Pressures on Consoles and PCs to Continue as SK Hynix Forecasts Memory Shortage Until 2030

• “The IPO was intended to raise external capital for the expansion of Solidigm’s production facilities, and thereby to lighten our own investment burden and broaden our capacity for shareholder returns,” — Kwak, CEO, SK Hynix

SK hynix Announces 3Q26 Financial Results – SK hynix Newsroom

• “We expect it to be difficult to fully meet customers' volume requirements in the near term,” — Woo-hyun Kim, CFO

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• SK Hynix projects a shortage lasting until 2030.

SK hynix says DRAM, HBM booked through 2029 as profit soars to $62B

• Micron describes the market as “even tighter” for 2027-2028, without a specific 2030 horizon.

SK hynix confirms memory shortage through 2030, expects fewer PCs and phones

• Analysts differ on the timing of the next profit milestone: some forecast operating profit topping 100 trillion won in Q4 2026, while others note the guidance falls short of market expectations for Q4 revenue.

?US Pre-Market?SK Hynix’s $75 Billion Return Plan Boosts Memory Stocks, SKHY Up About 8%; Fed Decision and Microsoft, Google Earnings in Focus

These divergent outlooks illustrate uncertainty around new fab construction and the extent to which AI-driven demand will sustain current pricing pressures.

SK Hynix Says Memory Shortage to Last Through 2030; Next Year's DRAM Demand to Grow in Mid-20% Range — BigGo Finance