LS Securities analyst Yongho Cha stated in a report that SK Hynix is expected to report better-than-expected fourth-quarter earnings, driven by rising semiconductor prices.
Cha forecasts the South Korean memory chipmaker's operating profit for October-December to double year-on-year to KRW 16.1 trillion, potentially surpassing the market consensus of KRW 14.4 trillion. He projects that the average selling prices of DRAM and NAND chips in Q4 will rise by 23% and 9% quarter-on-quarter, respectively.
Additionally, Cha noted that demand for DRAM products, including high-end high-bandwidth memory (HBM) products, is likely to remain strong through late 2026. He expects the company's annual operating profit to surge 41% to KRW 33 trillion next year.