SK Hynix Sets Record Q2 Profit with Revenue at 22.23 Trillion Won

SK Hynix reported a record Q2 profit of 9.21 trillion won, with revenue of 22.23 trillion won and a 41% operating margin rate. The chipmaker attributed its success to steady demand for AI memory, driven by big tech investments. Shipment of DRAM and NAND exceeded expectations, with sales of HBM3E and NAND increasing across all applications. SK Hynix aims to double its earnings from HBM within the year and launch HBM4 on time.

SK Hynix Inc., a leading global memory chipmaker, reported its highest-ever second-quarter (Q2) earnings, with a significant increase in both revenue and operating profit. The company's operating profit rose to 9.21 trillion won ($6.7 billion), marking a 68.5% year-on-year increase and a 23.8% quarter-on-quarter growth. Revenue reached 22.23 trillion won ($16.17 billion), a 35.4% year-on-year increase and a 26.0% quarter-on-quarter increase [1].

The company's success can be attributed to strong demand for high bandwidth memory (HBM), a type of DRAM used in artificial intelligence (AI) servers. SK Hynix has established itself as the global leader in HBM, with clients such as Nvidia Corporation [2]. The company's HBM3E sample showcased at CES 2025 is a testament to its technological prowess [3].

SK Hynix's earnings were driven by favorable pricing conditions and stable customer inventory levels. The company expects demand for AI memory to remain strong, with new product launches planned for the second half of 2025. This outlook is supported by ongoing investments by governments and corporations in AI technologies [4].

The company's financial performance is reflected in its cash and cash equivalents, which increased to 17 trillion won ($12.4 billion) at the end of June, up by 2.7 trillion won ($1.97 billion) from the prior quarter. SK Hynix aims to double its earnings from HBM within the year and launch HBM4 on time [4].

SK Hynix's dominance in the HBM market is expected to persist, despite competition from Samsung Electronics and Micron Technology [2]. The company's focus on AI and new markets will likely help it maintain its leadership position in the memory chip market.

References:
[1] https://www.cnbc.com/2025/07/24/sk-hynix-second-quarter-earnings-record-revenue-profit-jumps.html
[2] https://www.kedglobal.com/earnings/newsView/ked202507240001
[3] https://blocksandfiles.com/2025/07/24/sk-hynix-revenues-go-sky-high-with-hbm/
[4] https://www.cnbc.com/2025/07/24/sk-hynix-second-quarter-earnings-record-revenue-profit-jumps.html