SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean chipmaker SK Hynix on Wednesday released its third-quarter earnings results, far exceeding estimates for the July-September period. Here are SK Hynix’s third-quarter results compared to LSEG SmartEstimates, which are weighted by analyst forecasts that are more consistently accurate: Revenue: 104.62 trillion won ($78.86 billion) vs. 98.34 trillion won Operating profit: 83.33 trillion won vs. 76.72 trillion won expected. Revenue increased 327.9% year-over-year, while operating profit increased 632.1% year-on-year. Compared to the previous quarter, revenue increased by 31.9%, while operating profit increased by 37.6%. SK Hynix, a key supplier of high-bandwidth memory chips, or HBM, to Nvidia, has become one of the biggest beneficiaries of the global AI infrastructure. development, as technology companies increase spending on data centers and advanced processors. In August, SK Hynix had announced plans to buy back and write off 40 trillion won of its own shares, while raising its shareholder return target to more than 50% of the cumulative free cash flow generated between 2025 and 2027. Share price volatility and trends. The company said it would continue to evaluate investment timing, scale and financing options to support Solidigm’s growth and enhance shareholder value. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
