CNBC·Apr 24, 2026

📊SK Hynix Posts Record Q1 Profit as AI Memory Demand Surges

SK Hynix Posts Record Q1 Profit as AI Memory Demand Surges

TL;DR

SK Hynix reported record first-quarter results, with operating profit up roughly 405% year-over-year to 37.6 trillion won and revenue up 198% to 52.6 trillion …

SK Hynix reported record first-quarter results, with operating profit up roughly 405% year-over-year to 37.6 trillion won and revenue up 198% to 52.6 trillion won. The company, the world's leading HBM supplier, said AI-driven memory demand continues to outpace supply.

SK Hynix Posts Record Q1 Profit as AI Memory Demand Surges

Key Points

1

Operating profit up ~405% YoY to 37.6T won

2

Revenue up 198% YoY to 52.6T won

3

HBM demand still outstripping supply into 2026

Why It Matters

SK Hynix's blowout quarter confirms that AI memory — not GPUs alone — is the tightest constraint in the AI supply chain right now.

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Frequently Asked Questions

Why does this matter?

SK Hynix's blowout quarter confirms that AI memory — not GPUs alone — is the tightest constraint in the AI supply chain right now.

What happened?

SK Hynix reported record first-quarter results, with operating profit up roughly 405% year-over-year to 37.6 trillion won and revenue up 198% to 52.6 trillion …

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