SK hynix posted an 80% operating margin and record ₩83.3tn quarterly profit, said its high-bandwidth memory is sold out through 2029, then committed about $75bn to shareholders instead of new fabs. Bank- and vendor-funded buyers like Anthropic and Meta now carry the price risk.
Deep Edge Research argues SK hynix’s 328% revenue jump was a scarcity premium: DRAM bits sold rose only about 21% while prices more than tripled. Source
SK hynix posted an 80% operating margin on Wednesday, a number no memory maker could have printed a few years ago. Third-quarter revenue was ₩104.6tn, the first quarter above ₩100tn, and operating profit came in at ₩83.3tn, more than seven times the year-earlier figure. Reuters said that beat forecasts of about ₩77tn.
