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 company emphasized that Solidigm's growth outlook remains strong and is exploring alternative funding options to support expansion. Investors are watching for SK Hynix's upcoming earnings report and clearer funding strategies for Solidigm amid ongoing market uncertainty.
As of Oct 23, 2026 20:41 WIB, SK Hynix shares on Pluang have gained 3.33%, trading at USD 136.08, closer to their 52-week low of USD 126.79 than the high of USD 198.63. This rise contrasts with Micron and SanDisk, which increased by 1.78% and 1.12% respectively, with Micron priced at USD 871.72 and SanDisk at USD 1,275.00. SK Hynix's shorter typical hold time of 14 days compared to Micron's 49 days may reflect more active trading interest following the IPO news.
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...
SK hynix Inc. is rated a Buy due to a 67%+ undervaluation and strong operational momentum, highlighted by a Q2 EBIT margin of 76.3% driven by high-margin HBM4/DRAM shipments. Management anticipates accelerated DRAM average selling price growth and sh...
Memory chip stocks including SK Hynix, SanDisk, and Micron fell sharply after a selloff in Seoul revived concerns about the sustainability of AI-driven spending in data centers. SK Hynix dropped 4%, SanDisk 3%, and Micron 2%, reflecting worries that ...
