SK Hynix just reported record Q2 earnings but still missed estimates.


- Revenue: ~$57.3B vs $60.6B expected
- Operating profit: ~$43.7B vs $46.2B expected
Both numbers hit all-time highs:
- Revenue +257% YoY, +51% QoQ
- Operating profit +557% YoY, +61% QoQ
DRAM prices +30% QoQ, NAND up mid-50%. Capex guided around $34B for 2026.
Stock fell -8% today again and -52% from recent high. Expectations were simply higher than the record results.
NVIDIA remains a key client, with reports of an expanded multiyear partnership.
SK Hynix-9.61%
SKHY-9.12%
SKHYV-0.98%
NVDA0.99%
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