SK Hynix, Stock Price -0.27% at This Time... Institutional Investors Net Buy 582,755 Shares in Last 5 Days
As of 1:30 PM on the 2nd, SK Hynix is trading at 75,000 KRW, down 0.27% from the previous day. The trading volume is 1,566,246 shares, which is about 67.67% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On September 2nd, Dongwon Kim, a researcher at KB Securities, stated, "The server DRAM inventory of North American data center companies, which triggered the semiconductor price decline, is expected to normalize (4-5 weeks) starting from the fourth quarter of this year. SK Hynix's semiconductor inventory (DRAM 2 weeks, NAND 3 weeks) is also tight, so inventory burden is expected to ease from the fourth quarter. Therefore, the current semiconductor price decline cycle in the third quarter is estimated to have already passed 80%. This year, server DRAM is expected to form a price bottom around $110, higher than the previous low, amid lower inventory compared to the previous year." He set the target price for SK Hynix at 105,000 KRW.
Over the past five days, individual investors have net sold 522,512 shares of SK Hynix, while foreigners and institutions have net sold 83,263 shares and net bought 582,755 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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