SK Hynix, Stock Price Up 0.33% at This Hour... 'Bright Lights Also Embrace Me'

As of 12:30 PM on the 10th, SK Hynix is trading at 90,100 KRW, up 0.33% from the previous day. The trading volume is 1,741,599 shares, which is about 51.7% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On June 9, researcher Eo Gyu-jin of DB Financial Investment stated, "Demand for server DRAM and SSD, which was strong in the first half of the year, is expected to temporarily slow down in the second half. However, the trend toward non-face-to-face IT due to the habituation of untact lifestyles is not temporary but continuous. Therefore, the strong performance of memory companies will progress gradually and long-term. Nevertheless, after the sharp stock price drop caused by the recent COVID-19 issue, SK Hynix's stock price rebound is lagging behind the KOSPI index rebound. Despite the recent short-term stock price rebound, there are still reasons to buy SK Hynix." He set the target price for SK Hynix at 120,000 KRW.

Over the past five days, individual investors have net sold 4,241,332 shares of SK Hynix, while foreigners and institutions have net bought 763,762 shares and 3,512,364 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.