---
symbol: "SKHX"
name: "SK Hynix"
date: 2026-10-29
change_pct: 1.666816022941116
direction: "up"
event_type: "guidance"
url: "https://perplo.app/why/SKHX/2026-10-29"
updated_at: 2026-10-29T11:07:12.001Z
---

# Why SK Hynix (SKHX) rose 1.67% on October 29, 2026

SK Hynix (SKHX) rose 1.67% on October 29, 2026 — Strong 2027 DRAM and NAND demand outlook lifts SK Hynix.

## What happened

SK Hynix expects market DRAM demand to grow in the mid-20% range year-on-year in 2027 and NAND demand to grow in the high teens. The stock rose 1.7% on the outlook.

## Why it moved

A strong multi-year demand forecast raises long-term earnings assumptions for memory makers, since supply growth would need to keep pace with this demand to avoid a glut.

## Why it matters

This is a core data point for the Korea Tech theme, where AI-driven HBM demand has carried SK Hynix higher. A bullish 2027 demand view supports the case that the memory upcycle extends beyond the current cycle.

## What would break the thesis

The thesis weakens if hyperscaler capex slows or if supply additions outpace demand growth. Any downgrade to the 2027 demand forecast would remove the support for the higher earnings path.

## 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](https://t.me/marketfeed/1065276) — MarketFeed
- [SK HYNIX REVIEWS VARIOUS APPROACHES TO ENHANCE SOLIDIGM'S COMPETITIVENESS](https://t.me/marketfeed/1066576) — MarketFeed
- [SK Hynix Says Its Memory is Sold Out Until 2029](https://finnhub.io/api/news?id=1b6edc465445615724f3dfc9b2cf5c0d82de2bf301d500b8d6840b13a3a2b0ca) — Yahoo

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