As of 10:30 AM on the 12th, SK Hynix is trading at 84,700 KRW, up 2.17% from the previous day. The trading volume is 1,955,012 shares, which is about 68.11% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.


On October 7, researchers No Geun-chang and Park Chan-ho from Hyundai Motor Securities stated, "From early next year, when Intel's 10nm Server CPU begins to be supplied in earnest, server demand is expected to improve significantly. At the very least, even if Server DRAM prices decline in the first quarter of next year, the decline will be considerably limited. If the DRAM price drop in the first quarter is mitigated, the market is expected to be confident in a DRAM price increase in the second quarter. A bottom-diversified buying strategy aimed at improving performance in the first half of 2021 seems valid." They set SK Hynix's target price at 105,000 KRW.


Over the past five days, individual investors have net sold 748,043 shares of SK Hynix, while foreigners and institutions have net bought 1,281,100 shares and net sold 456,356 shares, respectively.



※ 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.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing