Keyword → HBM

SK Hynix Falls 15.4% in Record Seoul Plunge — KOSPI Triggers 7th Circuit Breaker of 2026 as AI Memory Unwind Spreads to US Premarket

SK Hynix shares fell 15.4% in Seoul — their worst single-session decline on record — dragging the KOSPI down 8.95% and triggering a 20-minute market-wide circuit breaker, the seventh of 2026. The rout came just one day after SK Hynix's $26.5 billion US ADR debut, as arbitrage selling, a downgraded Q2 profit forecast from Korea Investment & Securities, and renewed US-Iran tensions converged. Micron Technology and the VanEck Semiconductor ETF are both lower in US premarket trading.

SK Hynix Raises $26.5B in Largest-Ever US Foreign IPO at $149 — 7x Oversubscribed Debut Tests AI Memory Bull Case

SK Hynix priced its US IPO at $149 per American depositary receipt, raising $26.5 billion in the largest-ever US listing by a foreign company, surpassing Alibaba's 2014 record. The offering was more than seven times oversubscribed. Trading begins today on Nasdaq under the temporary ticker SKHYV before converting to SKHY on July 13. SK Hynix holds 56.4% of the global high-bandwidth memory market and is a primary HBM supplier to Nvidia, with first-quarter 2026 revenue of $34.9 billion beating estimates by 4%.

SK Hynix $28B Nasdaq ADR Prices Today at $165.26 — Sevenfold Demand Makes It the Second-Largest Foreign Listing in US History

SK Hynix priced its Nasdaq ADR offering on Thursday, targeting approximately $28 billion at roughly $165.26 per ADR, with institutional orders covering more than seven times the shares available. Cornerstone investors including Baillie Gifford, Coatue Management, and Situational Awareness Partners indicated combined interest of up to $7 billion. Interim trading begins Friday under the ticker SKHY, with regular trading starting Monday. The deal is the second-largest US listing by a foreign company, behind only SpaceX's $85.7B IPO last month.

Samsung Q2 2026 Operating Profit Hits Record $58.4B, Up 19-Fold — Revenue Misses at 171T Won, Shares Fall 6.8%

Samsung Electronics posted a preliminary Q2 2026 operating profit of 89.4 trillion won ($58.4 billion), a 19-fold year-over-year increase that set a new all-time corporate record and beat the LSEG SmartEstimate of 87.3 trillion won. Revenue came in at 171 trillion won, up 129% year-over-year but short of the 172.2 trillion won consensus. Shares fell as much as 6.8% in Seoul as some traders had expected profit to top 100 trillion won before bonus provisions, dragging Micron and SanDisk lower in US premarket.

Samsung Q2 2026 Earnings Preview: Operating Profit Seen at 84.6–86 Trillion Won, Up 18x YoY — HBM Progress Is the Only Variable That Matters

Samsung Electronics releases preliminary Q2 2026 results Tuesday, with consensus operating profit forecasts ranging from 80 to 92 trillion won — a potential 18-fold year-over-year surge driven by a 44% rise in DRAM prices and 53% rise in NAND prices during the quarter. The result could briefly surpass Nvidia's Q1 profit of $53.54 billion. Samsung shares gained 4% on Monday to 325,000 won. Investors are focused less on the headline beat and more on HBM certification progress with Nvidia's Vera Rubin platform.

SK Hynix Plans $29B Nasdaq ADR Listing on July 10 — HSBC Raises Price Target to 4 Million Won Ahead of Record Q2 Earnings

SK Hynix is scheduled to list its American depositary receipt on Nasdaq on July 10, targeting up to $29 billion in a deal that would give US investors direct access to the world's dominant high-bandwidth memory producer. HSBC raised its price target to 4 million won — a 20% premium above previous targets — citing improved shareholder returns and enhanced investor accessibility post-ADR. The company is expected to post Q2 operating profit of 64.44 trillion won on July 29, potentially its largest quarter ever.

SK Hynix Market Cap Hits $1.35B Trillion, Overtakes Samsung — First Change in Korea's Top Spot Since 2000

SK Hynix shares jumped 5.7% to push its market capitalization to roughly $1.35 trillion, briefly overtaking Samsung Electronics as South Korea's most valuable company for the first time in 26 years. The milestone reflects SK Hynix's dominant 61% share of the high-bandwidth memory market that supplies Nvidia's AI accelerators, with shares up more than 340% year-to-date. The move reinforces bullish sentiment toward US memory peer Micron Technology and AI infrastructure names.

Micron FQ3 2026 Revenue Quadruples to $41.46B, Beats $35.85B Estimate — Q4 Guided to $50B as HBM Fully Booked Through 2027; MU Gives Back 4.7% on Profit-Taking

Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up 346% year-over-year, beating the $35.85 billion consensus by 16%, with non-GAAP EPS of $25.11 topping the $20.78 estimate by 21%. Gross margins hit a record 84.9%, data-center revenue exceeded $25 billion, and Q4 was guided to $50 billion — far above the $43.58 billion analyst forecast. Sixteen multi-year Strategic Customer Agreements locked in roughly $100 billion in contracted revenue. The stock surged 17% Thursday but retreated 4.7% in Friday premarket on profit-taking.

Micron Technology Posts Record $41.46B Q3 FY2026 Revenue, Up 346% YoY — $50B Q4 Guidance and $100B in Take-or-Pay Customer Contracts Redefine AI Memory Cycle

Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up 346% year-over-year, beating the $35.84 billion consensus by 16%, while adjusted EPS of $25.11 topped expectations by 24%. The chipmaker secured 16 take-or-pay customer agreements covering roughly $100 billion in minimum contracted revenue through 2030, structurally repositioning the memory cycle. Q4 guidance calls for $50 billion in revenue and EPS of $31, approximately $6.4 billion above analyst estimates. Shares rose 17% in trading.