The emblem of SK hynix is displayed on a glass wall through the 2026 World IT Present in Seoul on April 22, 2026.
Jung Yeon-je | Afp | Getty Pictures
SK Hynix on Wednesday posted one other report quarterly revenue, however missed analysts’ estimates.
Listed below are SK Hynix’s second-quarter outcomes in contrast with LSEG SmartEstimates, that are weighted towards forecasts from analysts who’re extra persistently correct:
- Income: 79.32 trillion received ($54.55 billion) vs. 84 trillion received anticipated
- Working revenue: 60.54 trillion received vs. 64 trillion received anticipated
Income jumped 257% 12 months on 12 months within the quarter ended June from a 12 months earlier, whereas working revenue soared practically 557% 12 months on 12 months, the corporate’s launch confirmed.
In contrast with the earlier quarter, income elevated 51% whereas working revenue gained 61%.
The corporate mentioned it noticed sustained demand development from increasing AI infrastructure investments, whereas high-performance merchandise for AI servers led worth will increase that set a contemporary report.
For the primary time in firm historical past, its cumulative income for the primary half of the 12 months exceeded 100 trillion received, underscoring strong AI demand.
Each DRAM and NAND flash reminiscence costs noticed a quarter-over-quarter improve, with the corporate reaching top-tier profitability by increasing gross sales targeted on high-value-added merchandise, together with HBM, DRAM for AI servers, and enterprise SSDs.
Pushed by ongoing income from AI companies and surging infrastructure investments from main tech firms, reminiscence demand momentum is predicted to persist as provide requests proceed to mount.
SK Hynix mentioned its HBM4 has demonstrated a differentiated technological edge, touting its energy effectivity and price competitiveness. The corporate started mass shipments of HBM4 within the second quarter to ramp up manufacturing within the second half, whereas additionally finishing pattern shipments of HBM4E through the first half.
Concerning NAND, SK Hynix is accelerating its transition to superior course of nodes to strengthen its portfolio round high-capacity and high-performance merchandise, with 321-layer merchandise already capturing the biggest share of whole manufacturing and focused to achieve about 50% of home manufacturing capability by the tip of the 12 months.
The South Korean tech large, which makes reminiscence chips and provides elements for {hardware} from information facilities to client electronics resembling smartphones, counts U.S. megacaps together with Nvidia amongst its key shoppers — a partnership that not too long ago expanded by a multiyear deal value over $500 billion.
