As Nvidia Earnings Confirm AI Chip Demand, Samsung and SK Hynix Reach Record Highs

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TLDR

  • Nvidia reported a record quarterly revenue of $68.1 billion, which was a 73% increase year – on – year and exceeded Wall Street estimates.
  • Following the earnings report, Samsung Electronics’ stock price jumped by over 7% to a record high of 217,500 won.
  • On the same day, SK Hynix’s stock price surged by over 7% to a record high of 1,053,500 won.
  • Samsung is on the verge of becoming the exclusive supplier of HBM4 memory chips for Nvidia’s next – generation Vera Rubin processors.
  • SK Hynix announced a new partnership with SanDisk to develop flash memory storage tailored for AI workloads.

On Thursday, both Samsung Electronics and SK Hynix reached record highs after Nvidia reported strong quarterly earnings that surpassed Wall Street expectations.

It posted a record quarterly revenue of $68.1 billion, a 73% increase from the previous year. Earnings per share were $1.62, higher than the estimated $1.54.

Nvidia’s full – year revenue reached $215.9 billion, a 65% increase. The company also provided an optimistic outlook for the current quarter.

Samsung’s shares jumped by over 7% to 217,500 won, a record high. SK Hynix’s shares also rose by over 7%, reaching a record 1,053,500 won.

These gains pushed South Korea’s broader KOSPI index up by over 3%, also to a record high. Both chipmakers were among the main factors driving this increase.

The reason for the stock rally is simple. Nvidia manufactures advanced AI processors, and it requires a large number of memory chips to do so. Samsung and SK Hynix are the two largest memory chip manufacturers in the world.

When Nvidia indicates strong demand, it means more orders will flow through its supply chain, which includes both Samsung and SK Hynix.

Samsung’s Potential Exclusive HBM4 Deal

It is now reported that Samsung is close to securing an exclusive deal to supply High Bandwidth Memory 4 chips for Nvidia’s next – generation Vera Rubin processors. This would be a significant contract for the company.

Samsung also launched its S26 smartphone series on Wednesday. Smartphones remain a key source of Samsung’s revenue along with its chip business.

SK Hynix Expands With SanDisk Partnership

SK Hynix announced a partnership with SanDisk to develop high – bandwidth flash memory. The company claims that this storage architecture is specifically designed for AI applications.

SK Hynix also confirmed plans to invest 21.6 trillion won, approximately $15.07 billion, to build a new production facility in Yongin, South Korea.

Due to an AI – driven supply shortage, memory chip prices rose until late 2025, which increased the revenue of both companies. This trend is expected to continue.

In South Korea, Samsung’s stock has risen by around 70% year – to – date. SK Hynix has gained more than 60% over the same period.

For US investors, Samsung’s shares are traded over – the – counter in the United States. Both companies can also be accessed through ETFs such as the iShares MSCI South Korea ETF (EWY), which rose 3% on Thursday.

Based on 34 Buy ratings and one Sell rating over the last three months, Nvidia stock has a Strong Buy consensus on TipRanks. The average price target of $267.48 suggests around 37% upside from the current levels.