(2nd LD) SK hynix logs record profit in Q3 on AI chip supercycle

SK hynix reported record-breaking Q3 results, with revenue and operating profit reaching unprecedented highs driven by the surge in demand for memory chips related to the artificial intelligence boom. Operating profit soared 557.2% from a year earlier to 83.33 trillion won, while revenue increased 327.9% on-year to 104.61 trillion won.

The company's net profit also hit a record 39.77 trillion won, up 215.7% from the previous year. SK hynix attributed its success to its competitiveness in high-value-added products, particularly its high-bandwidth memory (HBM) chips, which are in high demand due to the AI supercycle. The company plans to accelerate its production capacity expansion and product competitiveness to maintain its growth momentum and has announced a shareholder return program worth over 100 trillion won for 2026.

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