BRIEFINGS · Chips and AI hardware
SK hynix reports record operating profit of 60.5 trillion won on AI memory demand
SK hynix, a leading maker of the memory chips AI servers need, reported record profit and said it began shipping its newest HBM4 memory.
On 29 July 2026 SK hynix, a South Korean memory chip maker, reported preliminary second-quarter revenue of 79.3 trillion won, up 257% from a year earlier, and operating profit of 60.5 trillion won, up 557%. It said AI infrastructure spending drove demand, it has long-term agreements with about 10 key customers, and it began mass shipments of HBM4, its newest AI memory. Net profit of 93.9 trillion won includes 63.3 trillion won of gains from the sale and valuation of financial holdings, a figure given on the earnings call and not in the release (SK hynix press release and call transcript, 29 July 2026).
Why we file it. A key memory supplier to AI makers reports record results.
How we read it. Strong on the company's own figures. Operating profit is the cleaner measure.
Why it matters to you: AI chips need fast memory, and it is now very profitable.
What this doesn't prove
Company's own preliminary figures. Net profit includes 63.3 trillion won of gains from the sale and valuation of financial holdings, a figure given on the call and not in the release. Operating profit is the cleaner measure.
Next fixture
- Third-quarter results
- HBM4 production ramp in the second half
Sources
- SK hynix Announces 2Q26 Financial Results29 July 2026
- SK hynix Q2 2026 earnings call transcript29 July 2026
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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