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SK Hynix Sets Profit Record as HBM4 Shipments Begin and 2026 Capacity Sells Out

The company’s order visibility through next year signals tight supply for AI-grade memory products.

Overview

  • The chipmaker reported Q3 operating profit of about 11.38–11.4 trillion won on revenue of roughly 24.45 trillion won, up 62% and 39% year over year, respectively.
  • Management attributed the results to surging AI infrastructure demand, stronger HBM sales, and higher DRAM and NAND prices.
  • HBM4 completed development and entered mass production in September, with initial shipments starting in the fourth quarter and broader sales expansion planned in 2026.
  • SK Hynix said it has secured full customer demand for all DRAM, NAND, and HBM output for 2026, citing completed supply agreements with key customers.
  • The company plans higher investment next year and has accelerated the M15X fab ramp, while maintaining a leading share of the HBM market and key supply roles to AI processor makers such as Nvidia.