SK Hynix generated revenue of $67.2 billion in 2025, up 42.3%, compared with $48.5 billion for Intel, down 3.7%. The Korean manufacturer therefore moved into third place among the world’s semiconductor suppliers, overtaking Intel, the only top-10 company to see its revenue decline. Its growth was driven mainly by high-bandwidth memory, of which it holds roughly 50% of the market, and by demand for DRAM. In the second quarter of 2026, its operating margin reached about 76%, while the ten leading suppliers captured two-thirds of a record market. To fund its operations, Intel raised $20 billion in August 2026 and partnered with Applied Materials in October on next-generation transistors, interconnects, and advanced packaging for AI workloads.
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