TradingKey – Despite delivering its most profitable quarter in history, SK Hynix ( SKHY) still failed to meet the capital market’s increasingly high expectations.

On July 29, SK Hynix announced its second-quarter results for 2026. Driven by the continuous growth in demand for AI servers, the company’s revenue reached 79.32 trillion Korean won (approximately $54.65 billion), representing a year-on-year increase of 257%, while its operating profit surged 557% year-on-year to 60.54 trillion Korean won, with both metrics setting new historical records.

However, this report card was still slightly below market expectations; analysts on average had previously estimated the company’s revenue to be around 84 trillion Korean won and operating…