SK海力士利润：狂涨

Core Insights - Samsung Electronics announced a surprising performance for Q3, confirming a prosperous period for memory semiconductors, with SK Hynix expected to achieve a record 12 trillion KRW in Q3 [1] - SK Hynix maintains high profitability centered around high bandwidth memory (HBM) due to investments in AI infrastructure, with general memory prices rising further boosting its performance [1] - Securities firms have raised their earnings forecasts for SK Hynix ahead of its Q3 earnings announcement, with expectations of record quarterly operating profit [1] Group 1 - SK Hynix's operating profit for Q3 is estimated to reach between 10 to 11 trillion KRW, marking the highest quarterly profit in the company's history [1] - Kiwoom Securities predicts that the price increase for general DRAM and NAND will exceed initial estimates, particularly for PC DRAM, which is expected to rise by 20% to 30% compared to the previous quarter [2] - Samsung Electronics reported Q3 revenue of 86 trillion KRW and operating profit of 12.1 trillion KRW, representing year-on-year growth of 8.7% and 31.8%, respectively, exceeding market expectations by nearly 2 trillion KRW [2] Group 2 - Despite a decline in prices for the fifth-generation HBM (HBM3E) products starting in Q3, SK Hynix is expected to remain profitable due to the transition to the next generation HBM4 and the favorable market conditions from rising general DRAM prices [2] - SK Hynix holds approximately 60% of the global HBM market share as of Q2, with continued growth in HBM shipments for AI servers into Q3 [2] - Analysts predict that SK Hynix's HBM sales will exceed planned figures for Q3, indicating strong demand in the market [2]