SK Hynix 2Q26 OPe Forecast Misses Consensus Due to High HBM Mix and LTA Effects
zephyr_z9 · x · 2026-08-07
KIS Semicon analyst Minsook Chae forecasts SK Hynix's 2Q26 operating profit at W60.4tn (+556% YoY), missing the W65tn consensus by 8%.
The analyst lowered ASP growth assumptions for 2Q26 based on three factors: 1) a higher HBM sales mix compared to peers, which slows overall ASP growth; 2) lower commodity DRAM price hikes than street estimates; and 3) the stabilizing effect of Long-Term Agreements (LTAs) kicking in. The blended DRAM ASP growth estimate for the quarter was adjusted down to +28.9% QoQ.
More from Venture
- DeepSeek Rumored to Raise Prices, While OpenAI's GPT-5.6 Luna May Be Free — lxfater · 2026-08-07
- Unitree Reportedly Set for IPO at $9B Valuation — zephyr_z9 · 2026-08-07
- DeepSeek Seeks $8B Funding, V4 Pro Reportedly Just 0.3% Behind Claude in Coding — imjustnewatai · 2026-08-07
- Cathie Wood Cites Shopify Data: AI-Driven Orders Up 3x YoY — CathieDWood · 2026-08-07
- AOI Earnings Beat: 800G/1.6T Optical Module Capacity Ramps Up — tengyanAI · 2026-08-07
- Indie Hacking's Dark Era: Easier to Build, Harder to Survive in the AI Age — kylegawley · 2026-08-07