SK hynix Revenue Jumps 257% on AI Memory Demand

SK hynix Inc. reported exceptional financial results for the second quarter of 2026, featuring a 257% year-over-year increase in revenue and a 76% operating margin. The growth was driven by high demand for AI-related memory products, including HBM3E, DRAM, and enterprise SSDs.

Following the announcement and a general rally in the memory chip market, the company's stock price rose 20.6%. To manage anticipated memory shortages expected to last through 2027, the company is pursuing long-term supply agreements and aggressive capacity expansion.