From Seekingalpha · Gytis Zizys · · 40s
SK Hynix Q3 Preview: Buying More Before Print
SK Hynix Q3 revenue expected to surge 37% sequentially and 336% annually with AI demand driving growth.
In brief
SK Hynix Q3 revenue expected to surge 37% sequentially and 336% annually with AI demand driving growth. SK Hynix forecasts 336% annual revenue growth and 37% sequential growth in Q3 due to AI-driven demand and supply constraints. Originally reported by Seekingalpha.
Q3 Revenue Forecast
SK Hynix Q3 revenue expected to grow 37% sequentially and 336% annually with AI demand driving expansion.
AI-Driven Growth
Supply constraints and robust ai demand support elevated margins and sustained profitability in hbm and enterprise ssd segments.
Investor Outlook
Analyst projects $6.25 adjusted eps on $74.6b revenue with $276 fair value target for skhy stock.
What to remember
SK Hynix forecasts 336% annual revenue growth and 37% sequential growth in Q3 due to AI-driven demand and supply constraints.
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