$SK Hynix(SKHY.US) just made $62.8 billion in operating profit in a single quarter, up 632% from a year agoSK hynix Q3 r…

$SK Hynix(SKHY.US) just made $62.8 billion in operating profit in a single quarter, up 632% from a year ago

SK hynix Q3 revenue hit a record 104.6 trillion won ($78.9B), up 328% YoY and well above the 98.3 trillion won Wall Street expected

Operating profit came in at a record 83.3 trillion won vs 76.7 trillion won expected, an operating margin of about 80%

The $NVIDIA(NVDA.US) HBM supplier said shipments of its newest HBM4 chips got into full swing, while data center SSD demand lifted NAND sales

It's also handing about 100 trillion won (about $75B) back to shareholders for 2026, with more than 30 trillion won in dividends and more than 60 trillion won in buybacks and cancellations

An 80% operating margin on memory chips used to sound impossible. AI demand has turned a famously boom-and-bust business into a cash machine, and that's a tailwind for $Micron Tech(MU.US) and $Sandisk(SNDK.US) too

Source: StockMarket.News