SK Hynix Q2 profit surges on memory demand but misses market forecast
SemiconductorsSouth Korean chipmaker's earnings come as concerns rise over broader AI-fueled boomSouth Korean chipmaker SK Hynix has benefited from the ongoing boom in demand for semiconductors spurred by artificial intelligence. (Photo by Ahn Seong-bok)STEVEN BOROWIECJuly 29, 2026 08:52 JSTUpdated on July 29, 2026 09:
SK hynix posts record Q2 profit of W60.5tr as AI memory prices surge
SK hynix reported record quarterly earnings for the second quarter on Wednesday, with operating profit of 60.54 trillion won ($41.6 billion), a 557.2 percent jump from a year earlier as memory prices for AI servers kept climbing. Revenue reached 79.32 trillion won, up 256.8 percent on-year and 51 percent from the first
SK Hynix second-quarter profit surges 557% to a new high — but misses estimates
The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty ImagesSK Hynix on Wednesday posted another record quarterly profit, but missed analysts' estimates.Here are SK Hynix's second-quarter results compared with LSEG SmartEstimates, which ar
SK Hynix Q2 profit jumps 557% on AI chip demand, misses forecasts
FILE PHOTO: A logo of Semiconductor and memory chip company SK Hynix during the company's debut at the Nasdaq market in New York City, U.S., July 10, 2026. REUTERS/Angelina Katsanis/File Photo 29 Jul 2026 06:57AM SEOUL, July 29 : South Korean chipmaker SK Hynix reported a 557 per cent increase in quarterly operating pr
