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AI memory, chip stocks fall after SK hynix's proft miss despite high demand
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Fusion42 · 29 July 2026 · Fusion42 review
South Korean chipmaker SK Hynix missed Q2 operating profit forecasts despite record revenue and "relentless" demand for its high-bandwidth memory (HBM) used in AI. The company plans further investment in next-generation HBM4 and HBM4E, signalling continued high costs in the performance memory sector.
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◆ ◆ The Wire takeaway
The leading supplier of AI memory just missed its profit targets despite "relentless" demand. Their high production costs mean your own GPU bills are unlikely to fall, so you must stress-test your unit economics against stubbornly high compute prices.
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