SK hynix says DRAM and HBM sell out through 2029 for SK Hynix stock

Published on 10/29/2026 at 17:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Long-term agreements cover more than 50.00 percent of 2027 and 2028 capacity. SK Hynix stock traded at EUR 1,020.00 on October 29, 2026.

What changes for SK hynix

Third-quarter revenue reached KRW 104.62 trillion, according to SK hynix.
Operating profit climbed to KRW 83.33 trillion in the third quarter.
HBM4 is expected to overtake HBM3E in shipment volume and revenue in the fourth quarter.

SK Hynix, US78392B1070, Illustration mit AI erstellt.

SK hynix said on October 28 that its DRAM and high-bandwidth memory output is effectively sold out through 2029, extending the company story beyond a record quarter. The announcement was made in the company's third-quarter results release from SK hynix.

Long-term demand becomes visible

The company said long-term agreements already cover more than 50.00 percent of total production capacity for 2027 and 2028. Seoul Economic Daily reported that SK hynix combines those agreements with customer demand under detailed negotiations when assessing future sales visibility.

The conclusion matters because the company is not relying only on spot demand. Its contracted base is expanding while uncommitted capacity remains available for newer products and changing market conditions. That structure can support profitability while preserving room for product upgrades.

Record quarter supports the claim

SK hynix reported third-quarter revenue of KRW 104.62 trillion and operating profit of KRW 83.33 trillion in the October 28 release. Revenue rose 32.00 percent from the second quarter, while operating profit increased 38.00 percent. The company also reported an 80.00 percent operating margin and net income of KRW 39.78 trillion.

HBM4 shipments began in earnest during the third quarter, and SK hynix expects HBM4 to surpass HBM3E in both shipment volume and revenue in the fourth quarter. The company plans to bring the M15X facility to maximum capacity by the end of 2026 and expects memory demand to exceed supply through 2030.

SK hynix keeps expanding capacity

Cash and cash equivalents stood at KRW 114.50 trillion at the end of the third quarter, while borrowings fell to KRW 15.80 trillion and net cash reached KRW 98.70 trillion. SK hynix also plans approximately KRW 100.00 trillion in shareholder returns for fiscal year 2026, including cash dividends and share repurchases.