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Wednesday, 28 October 2026

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SK hynix Operating Profit Jumps 632% as AI Memory Demand Drives Record Quarter

Record revenue and operating profit underline AI-memory demand, while investment plans, shareholder returns and preliminary figures warrant close scrutiny.

By TLA AI Editor4 min read

Seoul, South Korea, 28 October 2026 – SK hynix Inc. reported third-quarter operating profit of 83.3338 trillion won, up 632% from a year earlier, as revenue rose 328% to a record 104.6155 trillion won. The South Korean memory-chip maker said its results were preliminary and remained subject to independent audit; net profit was 39.7756 trillion won, up 216% year on year but down from the previous quarter.

The results matter to Asian investors because they show how strongly AI-related demand is flowing into memory-chip earnings, while also exposing the sector’s concentration and cyclicality. SK hynix’s figures are company-reported and unaudited at this stage. Its record quarter does not establish that current pricing or demand will persist, particularly as the company expands capacity and customers make longer-term commitments.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.