SK Hynix, Individual Investors Net Buy 2,433,920 Shares in Last 5 Days... Stock Price 85,800 KRW (+0.47%)

As of 12:30 PM on the 17th, SK Hynix is trading at 85,800 KRW, up 0.47% from the previous day. The trading volume is 2,476,986 shares, which is about 71.57% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On June 16, Kim Young-woo, a researcher at SK Securities, stated, "① Despite weak demand in the first half of the year due to COVID-19, production expansion by smartphone companies in the Greater China region in 2Q and solid earnings are expected. ② The 2020 DRAM and NAND bit growth forecasts are conservative, and a very cautious CAPEX guidance has been presented. ③ Although there are growing concerns about server DRAM inventory among cloud companies in the short term, this is because physical expansion of data centers has been impossible. There will be no new line operations by the three major DRAM companies this year, so supply and demand instability in the second half is not expected to last long." He set the target price for SK Hynix at 104,000 KRW.

Over the past five days, individual investors have net purchased 2,433,920 shares of SK Hynix, while foreigners and institutions have net purchased 6,236 shares and net sold 2,414,769 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.