US EditionSK Hynix posts record first-quarter profit, in line with estimates as memory prices climb
AI-driven demand lifted HBM and server memory sales as operating profit nearly doubled from the previous quarter, the company said.
- On Thursday, South Korean memory chip giant SK Hynix posted record quarterly revenue exceeding 50 trillion won . Operating profit reached 37.61 trillion won, nearly doubling from the previous quarter.
- Strong AI demand drove the performance, with SK Hynix maintaining a 57% market share in HBM. The company serves as a key supplier for AI processor maker Nvidia, positioning it to capitalize on datacenter expansion.
- Counterpoint Research noted the broader DRAM market recorded 30% quarter-over-quarter growth for two consecutive quarters, bolstered by rising memory prices. SK Hynix competes against rivals Samsung and Micron in this sector.
- Group Chairman Chey Tae-won warned in March 2026 that global chip wafer shortages could persist until 2030 as demand for HBM continues to outpace supply. This supply-demand imbalance strains manufacturing capacity industrywide.
- Building additional wafer supply capacity could take at least four to five years to address a potential shortfall exceeding 20%. This extended timeline underscores the structural supply constraints facing memory chipmakers.
56 Articles
56 Articles
Nvidia-Supplier SK Hynix Smashes Records with $35 Billion Quarter As AI Demand Defies Seasonality
SK Hynix reported record first-quarter revenue of 52.6 trillion won, driven by strong demand for AI-focused memory products such as high-bandwidth memory and enterprise SSDs.
SK Hynix assessed the recent rise in memory semiconductor prices as “not a simple temporary supply-demand imbalance, but a fundamental change in the market structure.” During the first-quarter earnings conference call held on the 23rd, in response to a question regarding its views on future memory price trends, SK Hynix stated, “It will show a distinctly different trend from the past,” explaining that “the importance of memory has grown more tha…
ABC FOX Montana
Chip giant SK hynix posts record quarterly profit on AI boom
Chip giant SK hynix logged a record quarterly net profit on Thursday thanks to the artificial intelligence boom, shrugging off concerns that the Middle East war could drag on the semiconductor industry.
The Courier-Tribune
SK hynix Announces 1Q26 Financial Results
Reports revenues of 52.5763 trillion won, operating profit of 37.6103 trillion won, net profit of 40.3459 trillion wonRecord-high quarterly performance driven by increased sales of high value-added products from strong AI demandBy launching advanced products, the company will try to…
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