RAM Manufacturer Gets Pummeled By Stock Market For Only Making $55 Billion

SK Hynix reported Q2 2026 revenue of 79 trillion won, missing the roughly 84 trillion won analysts expected.

The company said weaker PC and smartphone demand, plus difficulty securing memory volumes, hurt results.

The earnings miss came as AI datacenter demand keeps memory supply tight and RAM prices elevated.

Shares fell sharply after the report, with SK Hynix down 17%, Micron 11%, and Samsung 10%.