SK Hynix, Stock Price Down 2.95% at This Hour... Foreigners Net Buy 1,079,612 Shares in Last 5 Days

As of 11:30 AM on the 21st, SK Hynix is trading at 115,000 KRW, down 2.95% from the previous day. The trading volume is 1,974,838 shares, which is 66.31% 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. Expected to be reflected in the company's performance from 2022. Operating profit forecast for 2021 is 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 customer inventory demand, leading to an upward revision of the previous estimate of 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 952,135 shares of SK Hynix, while foreigners and institutions have net bought 1,079,612 shares and 97,406 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.