SK Hynix ADR Surges as Quarterly Revenue Tops KRW 100 Trillion for First Time

thecryptobasic2026-10-28 13:44:46

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SK Hynix ADR Surges as Quarterly Revenue Tops KRW 100 Trillion for First Time

SK hynix (NASDAQ: SKHY) shares surged more than 8% to $157.88 in Wednesday's premarket trading after the South Korean chipmaker reported record third-quarter earnings, with quarterly revenue exceeding KRW 100 trillion for the first time in its history. The company reported third-quarter 2026 revenue of KRW 104.62 trillion, up 328% year over year, while operating profit jumped 632% to KRW 83.33 trillion.

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