SK Hynix reported record third-quarter results, fueled by intense demand for its AI memory chips. Revenue reached 104.6 trillion won, approximately $78.9 billion. Operating profit rose 632% year over year to 83.3 trillion won. The company posted an 80% operating margin. Strong sales of high-bandwidth memory (HBM), including its new HBM4 products, supported the results.
Alongside its earnings, SK Hynix unveiled a 2026 shareholder return program totaling 100 trillion won, about $75 billion. The plan includes at least 30 trillion won in cash dividends. It also includes 60 trillion won in share buybacks and cancellations.
SK Hynix shares rose more than 8% after the announcement. South Korea’s KOSPI index surged more than 6%.