Memory chip stocks including SK Hynix, Micron, and SanDisk rose after Goldman Sachs turned bullish, suggesting the worst of the sector's downturn might be behind. The rally comes amid improved technical signals, lighter hedge fund positioning, and expectations of tight supply-demand conditions extending into 2027. However, caution remains as a major NAND supplier, Kioxia, warned against pushing prices too high, which could impact growth. Investors await Micron's fiscal Q4 earnings on September 30 to validate the bullish outlook and watch for potential volatility due to the cyclical nature of memory markets.
This week saw significant declines in AI infrastructure stocks, with neocloud companies like CoreWeave and Nebius dropping over 30% in October. Credit default swap spreads for major tech firms Meta, Nvidia, and Oracle hit record highs, signaling incr...
SK Hynix halted plans for a U.S. IPO of its Solidigm flash-memory unit, citing market volatility and regulatory concerns in South Korea. Despite scrapping the IPO, SK Hynix shares rose about 4%, outperforming peers like Micron and SanDisk. The compan...
SK hynix Inc. is rated Buy with a $211 price target, implying a 47% upside driven by expected 44–121% price increases in 2027 High Bandwidth Memory (HBM) contracts. The repricing of HBM is set to become SK hynix's main profit driver, especially throu...
SK hynix Inc. is set to report its Q3 earnings on October 28, following Micron's recent results that indicated rising memory prices and demand. In Q2, SK hynix saw a 257% year-over-year revenue increase to KRW 79.3 trillion with a 76% operating margi...
SK hynix Inc. is still considered a Buy despite its ADR falling 21% due to a sector-wide memory stock selloff influenced by macroeconomic concerns. The company is expected to benefit from a memory super cycle driven by rising AI infrastructure demand...
