Just In SK hynix SKHY just dropped Q3’26 results. Record quarter. First time revenue over 100T won. Revenue 104.6155T won +32% QoQ +328% YoY Operating profit 83.3338T won +38% QoQ +632% YoY 80% operating margin Net profit 39.7756T won 38% net margin HBM4 and high value server products expanded. HBM4 expected mainstream from Q4. Long term agreements cover more than 50% of 2027–2028 production capacity. Pricing structure that tracks market conditions. Memory supply shortage expected to last through 2030. Demand from enterprise AI, personal AI, and physical AI outrunning supply. Cash 114.5T won. Net cash 98.7T won. Shareholder returns ~100T won this year. Most Kioxia investment gains going back to shareholders. Q3 cash dividend 14T won (20,000 won per share). Share repurchase 20T won. Pure RAW HARD DATA. AI memory demand is still the driver.