SK Hynix (000660) quarterly revenue hits $78.8 billion as company plans $75 billion in shareholder returns
SK Hynix reported record third-quarter operating profit of 83.3 trillion won ($62.8B), more than seven times a year earlier, and said it plans about 100 trillion won ($75.3B) in shareholder returns for 2026, counting dividends and canceled buybacks.
Micron (MU) is down nearly 15% on fears of a 2029 memory glut. Chip suppliers report shortages now.
The glut forecasts look to 2028 and 2029. This week, Samsung Electro-Mechanics, Nvidia, Lam Research, and a Minnesota chipmaker described shortages of substrates, parts, and helium happening today.
SK Hynix stops Solidigm's Nasdaq IPO plan. Its stock rose 4.4% the same day.
SK Hynix said Solidigm stopped both its pre-IPO round and its Nasdaq IPO, citing capital market conditions. The company says Solidigm's growth plans haven't changed.
Kospi rebounds 2.46% as Samsung and SK Hynix rally on Supermicro's sales estimate. Meta reports next.
SK Hynix rose more than Samsung, and foreign investors aren't treating the two chipmakers the same way. The Kospi is still well below its early-October level.
Samsung (005930) will reportedly use TSMC (TSM) to make part of Nvidia's (NVDA) next memory chips
Nvidia asked all three of its HBM suppliers to switch to the same TSMC process. Samsung also has a backup plan if TSMC runs short.
Solidigm reportedly picked banks for a Nasdaq IPO. SK Hynix shareholders are worried.
Solidigm could list in New York as early as 2027. In Korea, people are asking who gets to invest before the listing.
Kospi falls 7.57% as chip stocks drop. Leveraged SK Hynix funds are down 77% since listing.
The Kospi fell 7.57% and trading stopped for 20 minutes in both Seoul markets. Funds built to double SK Hynix's daily move fell even further.
Korea reopens as Samsung and SK Hynix buybacks wind down after heavy foreign selling
Samsung's buyback is done and SK Hynix's is nearly done as Korea reopens Monday, with foreign funds selling and some investors moving to Taiwan.
SK Hynix (SKHY) shares fall after lockup ends. Our ADR tracker shows a 36% premium to Seoul.
The US shares still trade well above the Seoul shares, and one Korean law limits who can sell.
27 Samsung and SK Hynix veterans worked at China's CXMT. Public profiles show 26 have left.
Chinese headhunters offered up to double the pay and three to five years of job security. Many took a detour through other employers first.
AMD (AMD) CEO Lisa Su outlines tens of billions in supply-chain investment as Samsung foundry talks continue
Su met SK Hynix's CEO in Seoul, with Samsung's chip chief next on her schedule. The foundry talks from March are still open.
The memory shortage is making electronics more expensive. AI users aren't the only ones paying.
Nvidia's seven-year-old streaming box just got $100 more expensive. The memory makers behind the price hikes are earning record profits, and their stocks still trade at low multiples.
Samsung and SK Hynix (SKHY) are on track for record profits. Their $40 billion in buybacks end in October.
Samsung and SK Hynix are heading into record quarterly results. The buybacks that kept buying their shares are nearly done, and one broker expects Samsung to return far more cash.
SK Hynix's (SKHY) Solidigm weighs an IPO that could value it at up to $150 billion
Solidigm, SK Hynix's US storage unit, is weighing an IPO as early as next year that could value the business at up to $150 billion, Reuters reported. SK Hynix says nothing has been decided, and the size and timing remain preliminary.
SK Hynix wants a large site at Gwangju's air base. Samsung's next talks are on October 6
A Jeonnam-Gwangju city summary says SK Hynix wants as much land as possible at the planned chip cluster, while Samsung is pushing to start sooner. Samsung's next talks are October 6.
Samsung and SK Hynix's $589 billion chip cluster targets 2030 production. Military facilities must move first.
The regional government hosting Samsung Electronics and SK Hynix's planned 800 trillion won ($589 billion) memory chip cluster in Korea's southwest is targeting first production in June 2030. Meeting it will require relocating military facilities and bringing power and water to the site.
Memory stocks compared: Micron (MU) vs SK Hynix (SKHY) vs Samsung vs Sandisk (SNDK) vs Kioxia
Micron and SK Hynix earn most of their revenue from DRAM and HBM, Sandisk and Kioxia make only NAND, and Samsung does both plus phones. All five peaked in June, and only three have a US exchange listing.
AMD closed above $1 trillion. Intel jumped in a good day for AI stocks.
AMD closed above $1 trillion for the first time and Intel jumped about 12 percent as falling yields and cheaper oil put the AI trade back on. I sold AMD too early, and I still own Intel.
Acer CEO says Samsung, SK Hynix and Micron are talking up the memory shortage.
Acer chief Jason Chen says the memory shortage driving up PC prices will not last to 2030, and accuses Micron (MU), SK Hynix (SKHY) and Samsung of talking it up to protect margins. He still sees PC prices rising into 2027 before cheaper Chinese supply pulls them down.
China's CXMT says its fifth-generation DRAM is in mass production and 'on par' with the industry's best
China's largest DRAM maker says its fifth-generation platform is in mass production, three weeks after its half-year report listed it as still in customer qualification. Two 24-gigabit LPDDR5X chips built on it are already in volume production.
Who makes NAND flash? The five big makers, and why China is pushing in
Five companies make almost all the world's NAND flash: Samsung, SK Hynix, Micron (MU), Kioxia, and SanDisk (SNDK). How big each one is, where the chips are made, and why China's CXMT and YMTC are pushing in.
OpenAI and Intel doubt CXL memory can replace HBM. Samsung and SK Hynix are building it anyway.
At a technology conference in California, an OpenAI researcher and an Intel executive said CXL-connected memory is unlikely to replace HBM. That protects Samsung and SK Hynix, which lead HBM and are building CXL 3.2 modules anyway.
SK Hynix (SKHY) unit Solidigm is weighing its first US memory plant, with New York in the lead
SK Hynix's US flash-memory unit Solidigm is studying its first American plant, and upstate New York has emerged as a leading candidate, Korean press reported Friday. SK Hynix says no plan is confirmed. Solidigm's only NAND fab today sits in Dalian, China.
Why chip prices are rising in 2026. What Nvidia (NVDA), TSMC (TSM) and AMD have each actually said.
Nvidia is reported to have told customers to expect more than 15% on AI servers, TSMC to have raised advanced-node wafer prices 5% to 10%, Samsung foundry quotes up to 15%, and AMD about 10%. Four separate reports, and four very different levels of evidence.