Updated
Updated · The Motley Fool · Aug 14
SK Hynix Tops 100 Trillion Won H1 Revenue With 58% of AI HBM Market
Updated
Updated · The Motley Fool · Aug 14

SK Hynix Tops 100 Trillion Won H1 Revenue With 58% of AI HBM Market

3 articles · Updated · The Motley Fool · Aug 14

Summary

  • 100 trillion won in first-half 2026 revenue marked SK Hynix’s first time above that threshold, underscoring how AI-memory demand is lifting the Korean chipmaker.
  • 58% HBM market share has made SK Hynix the clear leader in the memory bottleneck behind AI systems, ahead of Micron and Samsung at about one-fifth each.
  • 79.3 trillion won in second-quarter revenue rose 51% from the prior quarter and 257% year over year, while operating profit jumped 61% sequentially and 557% annually.
  • 52.6 trillion won in first-quarter revenue and a 72% operating margin show the surge is not only volume-driven but also supported by strong pricing power and sold-out supply.
  • 5.3 times forward earnings leaves SK Hynix valued far below Nvidia’s peak AI-era multiples, even as projected memory shortages are expected to persist into the latter half of the decade.

Insights

Will SK Hynix's new Nasdaq ADR listing finally propel its valuation to match its role as Nvidia's indispensable AI partner?
Could an unexpected AI memory glut turn SK Hynix's massive 54 trillion won fab investment into a costly mistake?
With HBM prices projected to double by 2027, will soaring memory costs eventually choke the global AI infrastructure boom?