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SK Hynix third-quarter profit sharply beats estimates on AI memory boost
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SK Hynix third-quarter profit sharply beats estimates on AI memory boost

US Top News and Analysis·1 day ago
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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, posting a record high quarterly profit that sharply beats estimates, while announcing over $25 billion in dividends and buybacks.

Here are SK Hynix's third-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:

Revenue: 104.62 trillion won ($78.86 billion) vs. 98.34 trillion won expected

Operating profit: 83.33 trillion won vs.…

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