SK Hynix, Institutional Investors Net Sold 1,606,752 Shares in Last 5 Days... Stock Price at 79,600 Won (+1.53%)

As of 10:30 AM on the 14th, SK Hynix is trading at 79,600 KRW, up 1.53% from the previous day. The trading volume is 1,518,026 shares, which is 53.93% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On September 14, researcher Lee Subin from Daishin Securities maintained a buy rating, expecting server DRAM prices to rebound in Q2 2021. The reasons are: 1) Cloud customers are expected to start depleting inventory from Q3 and resume purchases in Q2 2021. 2) Microsoft, which had low purchases in the second half of last year, is expected to secure inventory as it can implement the U.S. Department of Defense’s Cloud JEDI project starting February 13, 2021. 3) DRAM suppliers are shifting production capacity to mobile for 5G smartphone support. 4) New expansions have been delayed since Q2 2021. Lee set SK Hynix’s target price at 115,000 KRW.

Over the past five days, individual investors have net bought 97,016 shares of SK Hynix, while foreigners and institutions have net bought 1,512,667 shares and net sold 1,606,752 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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

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