SK Hynix Hits ₩1.83M in 2026 — AI Demand for HBM Chips Sparks Record Rally

Quick overview

SK Hynix Inc stock has been performing very well this year. It gained a lot of momentum and recorded impressive growth so far. All of this is due to the high demand of their product named HBM (High Bandwidth Memory). SK Hynix is a big South Korean company that makes computer memory chips. As of now, the SK Hynix Inc stock is trading at 1,835,000 KRW, showing a small loss for the day. Although the loss is really tiny compared to the massive gains it has made in the last six months.

Why SK hynix Is Rising

The robust performance of this company was mainly supported by the strong demand for AI (artificial intelligence) technology, as the company is one of the top three memory chip makers in the world. SK hynix Inc makes HBM (High Bandwidth Memory), which is high-speed memory used in AI servers and advanced computing. This is why HBM is in strong demand.

It will be very important to share with you that SK Hynix controls 50-62% of the HBM market, and everything they make is already sold out for this year. This strong demand boosted the company’s profits and stock price.

Furthermore, SK Hynix shared tremendous results in the first quarter of 2026. As per the data, the company’s total sales hit about ₩52.6 trillion, three times higher than the same period last year. Apart from that, operating profit rose to ₩37.6 trillion with an impressive 72% profit margin.

Another major reason behind the company’s strong performance is its long-term investment strategy. SK Hynix is investing in new factories and new products like HBM4. However, the company’s goal is to create more advanced memory solutions for future AI chips. Analysts and many experts believe the company is in a strong AI growth cycle.

SK hynix Stock Forecast

Since the stock has gained a lot of momentum and performed very well this year, analysts gave a “Buy” label to this stock. In the meantime, analysts give an average price target of around ₩1,817,000 to ₩1,880,000. Moreover, the company also plans to list shares in the US soon, which would also be very positive for its stock price.

On the contrary, the competition from Samsung and Micron is increasing, especially for new HBM4 chips. if companies make too many chips, the price can drop.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.