SK hynix swings wildly as HBM profitability keeps rising

basedjensen · x · 2026-07-29

A quote-tweet points to SK hynix's extreme intraday volatility: the stock swung from -10% to +10% to -20% to +15% in a single day.

The quoted post argues that the move reflects major fundamental shifts in the HBM market. The attached chart highlights improving profitability, with gross margin rising from 54% in Q2 ’25 to 83% in Q2 ’26, operating margin from 41% to 76%, EBITDA margin from 57% to 81%, and net profit margin from 31% to 118%.

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