Woofun AI reports that market analysts project SK Hynix’s second-quarter operating profit will range between 60 trillion and 70 trillion Korean won, significantly surpassing the previous quarterly record of 37.6 trillion won established in Q1. This substantial growth trajectory is primarily fueled by robust demand for High Bandwidth Memory (HBM) and high-end DRAM, alongside anticipated contract price increases for DRAM and NAND flash memory estimated at 50% to over 70% quarter-over-quarter.

The company’s Q1 financial results, released in April, demonstrated revenue of 52.58 trillion won and an operating margin of 72%, setting new benchmarks. Management attributes this performance to a structural memory shortage driven by AI infrastructure expansion, which is expected to persist for at least three years. Consequently, SK Hynix’s market capitalization exceeded $1 trillion by late May, marking a year-to-date stock appreciation of over 300%. While Samsung Electronics also anticipates strong Q2 profits, SK Hynix maintains a distinct competitive advantage due to HBM technology barriers. The upcoming Q2 earnings release in late July will serve as a critical validation point for these elevated market expectations.