SK Hynix reported a robust operating profit of 3.76 trillion KRW for Q1, closely aligning with market expectations of 3.79 trillion KRW. The company's stock rose over 3% intraday, outperforming the KOSPI's 2.3% gain. Revenue reached a record 52.5763 trillion KRW, with an operating margin of 72%, driven by strong sales in HBM, server DRAM modules, and eSSD, fueled by AI infrastructure investments.
The company highlighted a significant increase in profit elasticity, with nearly 90% of additional revenue translating into operating profit. SK Hynix plans to increase its investment scale in 2026, focusing on infrastructure and EUV equipment. Despite high expectations, the sustainability of profit margins remains a key focus, as DRAM and NAND prices surged in Q1, with tight supply conditions expected to persist.
SK Hynix Q1 Earnings Surpass Expectations Amid AI Infrastructure Demand
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