Key facts: SK Hynix Q4 Profit Forecast Surges; Shares Rise 6.07%
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SK Hynix expects an operating profit of KRW16.1 trillion for Q4, exceeding KRW14.4 trillion estimates, fueled by a 23% rise in DRAM prices and strong demand through 2026.1On Monday, SK Hynix's shares increased by 6.07%, contributing to a positive performance in the South Korean stock market amid investor anticipation of a U.S. Federal Reserve interest rate cut.2Citi's Drew Pettit highlighted SK Hynix as a key player in emerging markets, focusing on its growth and AI opportunities alongside major companies like Alibaba and Tencent.34
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