Pullback like what happened to AMD
SK Hynix Revenue Tops 100 Trillion Won: Can the Memory Rally Continue?
SK Hynix rose 1.92% as record third-quarter revenue of ₩104.6T and operating profit of ₩83.3T accompanied expanding HBM4 shipments. Seagate beat estimates with $4.23B revenue, $7.68 non-GAAP EPS, and $1.5B free cash flow; Teradyne also topped expectations. Bulls see AI demand spreading from HBM to drives and test equipment; bears question whether Hynix’s 80% margin can last. After SanDisk reports Thursday, which offers firmer profit support: HBM, NAND, or high-capacity drives?
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