Why SK Hynix (SKHX) rose 4.15%
SK Hynix (SKHX) rose 4.15% on October 28, 2026 — SK Hynix sees strong DRAM, NAND growth in 2027.
What happened
SK Hynix guided that market DRAM demand will grow in the mid-20% range in 2027 year over year, and NAND demand in the high-teens. The stock rose 4.2% on that outlook.
Why it moved
A confirmed multi-year demand growth path lifts the earnings assumptions investors apply to DRAM and NAND pricing, so the stock re-rates on a longer runway.
Why it matters
This is the AI memory supercycle in company form: AI inference and hyperscaler demand are pulling DRAM and HBM volumes higher, and SK Hynix is the cleanest pure-play in Korea Tech.
What would break the thesis
The thesis breaks if hyperscaler capex slows or new supply outpaces the 20%-plus demand growth, which would compress memory prices.
Sources
- SK HYNIX EXPECTS MARKET DEMAND FOR DRAM TO GROW MID-20% IN 2027 YOY AND NAND MARKET DEMAND TO GROW HIGH-TEENS % IN 2027 YOY — MarketFeed
- SK Hynix Q3 profit beats expectations, vows $75 bln in shareholders returns — Investing.com
- SK hynix posts record Q3 profit, plans W100tr in shareholder returns this year — Korea Herald