Illustration, AI-generated from the story text. Tap a panel to enlarge.
SK hynix earns an 80% operating margin and says its memory is sold out through 2029
SK hynix reported third-quarter revenue of 104.62 trillion won, about $75.5 billion and its first quarter above 100 trillion, with of 83.33 trillion won, about $63 billion B. That is a margin of roughly 80% for a company that manufactures physical chips. Both beat the FnGuide of 98.2 trillion and 77.0 trillion won B.
The company says and supply is "effectively sold out through 2029," with long-term agreements now signed with 14 major customers, up from 10 last quarter, and covering more than half of planned 2027 and 2028 capacity B. Volumes and pricing for 2027 HBM are already settled with major customers, and HBM4 should overtake HBM3E in shipments this quarter. The shares rose almost 9% and Samsung, which reports Thursday, gained more than 8% B. Whoever is short of AI compute in 2028 has already lost the memory allocation fight. SourcesBBB
Sources
- BSK hynix 3Q26 OPM hits record 80% (TrendForce)trendforce.com
- BSK hynix third-quarter results (The Korea Herald)koreaherald.com
- BTech stocks soar as SK hynix adds to rising AI confidence (Euronews)euronews.com
This story ran in the Afternoon Brief of October 28th 2026.