On April 27th, Jing Jie Yu, an analyst at Morningstar, stated in a report that the prices of SK Hynix's two primary memory chips—DRAM and NAND—are likely to reach their peak in 2027. The analyst is of the opinion that the robust demand for artificial intelligence will act as a significant prop for memory chip prices and profit margins up until 2027. However, following that period, prices are expected to experience a gradual decline due to an increase in supply. Morningstar forecasts that SK Hynix's operating profit margins will soar to 75.7% in 2026 and 77.3% in 2027, marking a substantial rise from the 48.6% recorded in 2025. In the meantime, with a surge in free cash flow margins, SK Hynix has plans to elevate its per-share dividend from KRW 3,000 in 2025 to KRW 15,000 in 2026 and further to KRW 16,000 in 2027.
