{"id":90298,"date":"2026-04-22T22:58:12","date_gmt":"2026-04-22T22:58:12","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/sk-hynix-makes-record-profit-in-first-quarter-as-memory-prices-rise-expected-to-rise\/"},"modified":"2026-04-22T22:59:08","modified_gmt":"2026-04-22T22:59:08","slug":"sk-hynix-makes-record-profit-in-first-quarter-as-memory-prices-rise-expected-to-rise","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/sk-hynix-makes-record-profit-in-first-quarter-as-memory-prices-rise-expected-to-rise\/","title":{"rendered":"SK Hynix makes record profit in first quarter as memory prices rise, expected to rise"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108258731\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>An SK Hynix flag (R) and a South Korean national flag (L) are hoisted outside the company&#8217;s Bundang office in Seongnam on January 26, 2024. <\/p>\n<p>Jang Yeon-jae | AFP | getty images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>South Korean memory chip giant SK Hynix on Thursday reported another quarter of record profit and revenue, as prices for its products continued to rise amid strong AI demand. <\/p>\n<p>Here are SK Hynix&#8217;s first quarter results compared to LSEG Smart estimates, which are based on analysts&#8217; forecasts that are consistently more accurate:<\/p>\n<ul>\n<li>Revenue: 52.58 trillion won ($35.53 billion) vs. 53.55 trillion won<\/li>\n<li>Operating profit: 37.61 trillion won vs 37.92 trillion won<\/li>\n<\/ul>\n<p>Revenue exceeded Rs 50 trillion for the first time on a quarterly basis in the March quarter, while operating profit almost doubled from the previous quarter. <\/p>\n<p>SK Hynix makes memory chips used to store data, which are found in everything from servers to smartphones and laptops.<\/p>\n<p>As the world&#8217;s leading supplier of high-bandwidth memory, or HBM, used in AI datacenters, the company has benefited from a surge in demand for artificial intelligence. <\/p>\n<p>&#8220;SK Hynix said that despite the fact that the first quarter is typically a seasonal downturn, demand remained strong due to expanded investments in AI infrastructure,&#8221; SK Hynix said in its earnings release. <\/p>\n<p>HBM falls into the broader category of dynamic random access memory or DRAM \u2013 a type of semiconductor memory used to store data and program code that can be found in PCs, workstations, and servers.<\/p>\n<p>SK Hynix had gained an edge over rivals such as Micron and Samsung in the DRAM market due to its early lead in HBM and its role as a major supplier to Nvidia, the world&#8217;s leading AI processor maker. <\/p>\n<p>However, Samsung regained the top spot in DRAM revenue in the last three months of the year <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/counterpointresearch.com\/en\/insights\/global-dram-and-hbm-market-share\">data<\/a> From Counterpoint Research. Meanwhile, SK Hynix continued its dominance in HBM with 57% market share. <\/p>\n<p>Counterpoint said the DRAM market has recorded 30% quarter-on-quarter growth for two consecutive quarters due to rising memory prices. <\/p>\n<p>Surging demand for HBM has led to widespread memory shortages in recent quarters, driving up memory prices and increasing profits for memory chip makers. <\/p>\n<p>SK Group Chairman Chae Tae-won <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/south-koreas-sk-group-chairman-expects-chip-wafer-shortage-last-until-2030-eyes-2026-03-16\/\">Allegedly <\/a>Stated in March 2026 that the global chip wafer shortage is likely to persist through 2030, as demand for HBM exceeds supply and strains manufacturing capacity.<\/p>\n<p>He said it could take at least four to five years to build up additional wafer supply, with an estimated shortfall of more than 20%.<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An SK Hynix flag (R) and a South Korean national flag (L) are hoisted outside the company&#8217;s Bundang office in Seongnam on January 26, 2024. Jang Yeon-jae | AFP | getty images South Korean memory chip giant SK Hynix on Thursday reported another quarter of record profit and revenue, as prices for its products continued<\/p>\n","protected":false},"author":1,"featured_media":90301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[565,9276,2062,72,2404,4324,2447,416],"class_list":{"0":"post-90298","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-expected","9":"tag-hynix","10":"tag-memory","11":"tag-prices","12":"tag-profit","13":"tag-quarter","14":"tag-record","15":"tag-rise"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/90298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=90298"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/90298\/revisions"}],"predecessor-version":[{"id":90302,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/90298\/revisions\/90302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/90301"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=90298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=90298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=90298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}