SK Hynix Stock Jumps Nearly 6% After First 100 Trillion Won Quarter

SK Hynix stock rose 5.67% from Tuesday’s close to 1.417 million won in early Seoul trading on Wednesday. The chipmaker had posted record quarterly sales of 104.6 trillion won ($78.9 billion) and forecast memory shortages through 2030. That outlook runs against how investors had been pricing chip stocks. Goldman Sachs estimated that Korean chip valuations implied a 65% fall in 2027 sector earnings. Follow us on X to get the latest news as it happens How SK Hynix’s Record Quarter Compares With What Analysts Expected Third-quarter revenue reached 104.62 trillion won, according to the company’s results. Operating profit hit 83.33 trillion won, an 80% margin. Both figures beat LSEG SmartEstimates of 98.34 trillion won and 76.72 trillion won.

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