Memory maker SK hynix's profit rises 557% amid global shortage, expansion costs climb to $27 billion — shares slide despite mammoth earnings as expectations outpace reality and global AI selloffs continue

Tom's Hardware
Jul 29, 2026, 7:56 am131 pts
SK hynix reported second-quarter revenue of 79.32 trillion won and operating profit of 60.54 trillion won on Wednesday, the latter up 557% year over year at a record 76% operating margin, and used the same Seoul earnings call to lift its 2026 capital spending guidance to the high 40 trillion won range as AI…

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