SK Hynix, Stock Price Down 1.26% at This Hour... Foreigners Net Buy 574,336 Shares in Last 5 Days

As of 10:30 AM on the 18th, SK Hynix is trading at 118,000 KRW, down 1.26% from the previous day. The trading volume is 1,072,284 shares, which is about 29.63% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On December 17, analyst Lee Subin of Daishin Securities stated, "Active sideways movement in the 3D NAND business. Expansion of data center sales expected through the acquisition of Intel's NAND business division. This is expected to be reflected in the company's performance starting in 2022. Operating profit for 2021 is forecasted at 10.5 trillion KRW, with DRAM prices expected to rise in the first quarter. Cloud server customers' inventory has been declining since August 2020, and DRAM suppliers' inventory has also been reduced to two weeks. The Micron power outage has stimulated demand for customer inventory replenishment, leading to an upward revision of the previous estimate to a 2% increase in DRAM prices in the first quarter." He set SK Hynix's target price at 140,000 KRW.

Over the past five days, individual investors have net sold 526,668 shares of SK Hynix, while foreign investors and institutions have net bought 574,336 shares and 79,940 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 financial AI specialist Thinkpool.

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