South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Wednesday posted record quarterly revenue and profit, driven by strong demand for its high-bandwidth memory used in generative AI chipsets.
Here are SK Hynix’s third-quarter results compared to LSEG SmartEstimates, which are weighted toward forecasts from analysts who have demonstrated consistent accuracy:
– **Revenue:** 24.45 trillion won ($17.13 billion) vs. 24.73 trillion won (estimate)
– **Operating profit:** 11.38 trillion won vs. 11.39 trillion won (estimate)
Revenue rose approximately 39% in the September quarter compared with the same period a year earlier, while operating profit surged 62% year-on-year.
SK Hynix manufactures memory chips used to store data and can be found in a wide range of devices, from servers to consumer products such as smartphones and laptops.
“As demand across the memory segment has soared due to customers’ expanding investments in AI infrastructure, SK Hynix once again surpassed the record-high performance of the previous quarter due to increased sales of high value-added products,” the company said in its earnings release.
The company has benefited from a boom in artificial intelligence as a key supplier of high-bandwidth memory (HBM) chips, which are used to power AI data center servers. HBM falls under the broader category of dynamic random-access memory (DRAM), a type of semiconductor memory that stores data and program code and is found in PCs, workstations, and servers.
SK Hynix has set itself apart in the DRAM market by gaining an early lead in HBM technology, establishing itself as the main HBM supplier to the world’s leading AI processor maker, Nvidia. However, its primary competitors—U.S.-based Micron and South Korean tech giant Samsung—have been working to catch up in this space.
https://www.cnbc.com/2025/10/29/sk-hynix-q3-profit-revenue-record-.html
