SK hynix released its FY26 Q2 results (quarter ended Jun 2026) after the U.S. close, in the morning of Jul 29 (Beijing time). Key takeaways: 1) Core metrics: revenue of KRW 79 tn (+51% QoQ), below consensus (KRW 85 tn).
Growth was driven by both DRAM and NAND, with memory price hikes the largest contributor. GPM was 83%, below street (84–85%)...
+6The following is Dolphin Research's Trans of $SK Hynix(SKHY.US) FY26 Q2 earnings call. It compiles key points from management's discussion.
Core highlights recap begins with shareholder returns. Cash generation has reached a record high, aided by the sale of the Kioxia stake and the ADR offering.The company is assessing multiple incremental return-of-capital options. Due to regulatory and procedural constraints tied to the ADR offering, it cannot yet disclose the form, size, or timing. It aims to update the market within the year...
Memory is one of the hottest—and most crowded—plays in global tech right now. AI has ignited HBM, DRAM, and NAND all at once, sending shares of SK hynix, Samsung, and Micron up several times over in six months.
Just as the frenzy peaked, the market suddenly reversed, and the memory leaders sold off sharply from their highs. The turn was abrupt.It was exactly at this 'heated-then-chilled' moment that SK hynix, one of the industry's true heavyweights, brought its stock to Nasdaq. On Jul 10, SK hynix ADRs officially began trading in the U.S. market...
