{"id":73717,"date":"2026-10-27T19:38:11","date_gmt":"2026-10-27T23:38:11","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-reports-record-q3-revenue-and-operating-profit-announces-massive-krw-100-trillion-shareholder-return-plan\/73717\/"},"modified":"2026-10-27T19:38:11","modified_gmt":"2026-10-27T23:38:11","slug":"sk-hynix-reports-record-q3-revenue-and-operating-profit-announces-massive-krw-100-trillion-shareholder-return-plan","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sk-hynix-reports-record-q3-revenue-and-operating-profit-announces-massive-krw-100-trillion-shareholder-return-plan\/73717\/","title":{"rendered":"SK Hynix Reports Record Q3 Revenue and Operating Profit, Announces Massive KRW 100 Trillion Shareholder Return Plan"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>SK Hynix (<a href=\"\/stock\/000660.KS\">000660.KS<\/a>) reported record Q3 revenue of KRW 104.62 trillion and operating profit of KRW 83.33 trillion, significantly beating analyst estimates.<\/strong><\/li>\n<li><strong>The company announced a massive shareholder return program for 2026 totaling KRW 100 trillion, including KRW 30 trillion in dividends and KRW 60 trillion in share buybacks.<\/strong><\/li>\n<li><strong>Average selling prices (ASP) for memory chips surged, with DRAM prices rising in the high-20% range and NAND prices rising in the mid-20% range compared to the previous quarter.<\/strong><\/li>\n<li><strong>Management issued a bullish long-term outlook, forecasting DRAM market demand to grow by mid-20% and NAND demand by high-teens % year-over-year in 2027.<\/strong><\/li>\n<\/ul>\n<p><strong>SK Hynix (<a href=\"\/stock\/000660.KS\">000660.KS<\/a>)<\/strong> delivered a blockbuster third-quarter earnings report, posting record-breaking financial results driven by the ongoing artificial intelligence boom. The South Korean chipmaker reported <strong>revenue of KRW 104.62 trillion<\/strong>, surpassing the <strong>LSEG SmartEstimate of KRW 98.3 trillion<\/strong>. <strong>Operating profit reached KRW 83.33 trillion<\/strong>, comfortably beating market expectations of <strong>KRW 76.7 trillion<\/strong>, though net income of <strong>KRW 39.53 trillion<\/strong> came in below the estimated <strong>KRW 55.4 trillion<\/strong>.<\/p>\n<p>In a major move to boost investor confidence, <strong>SK Hynix (<a href=\"\/stock\/000660.KS\">000660.KS<\/a>)<\/strong> unveiled an aggressive capital allocation strategy for 2026. The company plans to return approximately <strong>KRW 100 trillion to shareholders<\/strong>, consisting of more than <strong>KRW 30 trillion in cash dividends<\/strong> and over <strong>KRW 60 trillion allocated for share buybacks and cancellations<\/strong>. For the current third quarter, the board approved a <strong>dividend of 20,000 won per share<\/strong>, which includes a <strong>10,000 won special dividend<\/strong> linked to its investment in <strong>Kioxia<\/strong>.<\/p>\n<p>The company\u2019s profitability was bolstered by a sharp increase in memory chip prices. During Q3, <strong>SK Hynix (<a href=\"\/stock\/000660.KS\">000660.KS<\/a>)<\/strong> saw its <strong>DRAM average selling price (ASP) rise in the high-20% range<\/strong> and its <strong>NAND ASP rise in the mid-20% range<\/strong> compared to the second quarter. This pricing power reflects the tight supply-demand balance for high-performance memory used in AI data centers.<\/p>\n<p>Looking ahead, the semiconductor giant remains optimistic about sustained demand through the end of the decade. <strong>SK Hynix (<a href=\"\/stock\/000660.KS\">000660.KS<\/a>)<\/strong> expects <strong>DRAM market demand to grow by mid-20%<\/strong> and <strong>NAND demand to grow by high-teens %<\/strong> year-over-year in 2027. This outlook suggests that the company anticipates the AI-driven &quot;supercycle&quot; to have significant longevity.<\/p>\n<p>Beyond the semiconductor sector, geopolitical shifts are impacting global markets. In Israel, updated exit polls show <strong>Benjamin Netanyahu&#39;s<\/strong> bloc matching the rival camp led by <strong>Gadi Eisenkot<\/strong>, who recently stated that the Prime Minister has lost the people&#39;s trust. Meanwhile, in international diplomacy, <strong>Japan and Germany<\/strong> are scheduled to agree on a high-level <strong>AI dialogue<\/strong> on October 28 to coordinate on emerging technology standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SK Hynix (000660.KS) reported record Q3 revenue of KRW 104.62 trillion and operating profit of KRW 83.33 trillion, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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