[Click eStock] "SK Hynix HBM Growth Expected... Target Price Up"

Hyundai Motor Securities analyzed on the 14th that SK Hynix is expected to highlight the growth potential of high-bandwidth memory (HBM) and additional momentum in memory products. Accordingly, they maintained a 'Buy' investment rating and raised the target price to 270,000 KRW.

No Geun-chang, a researcher at Hyundai Motor Securities, stated, "As the sales proportion of HBM increases compared to the first quarter, operating profit is expected to reach 4.9 trillion KRW, exceeding the previous estimate by 17.6%."

No also evaluated, "SK Hynix's differentiated 'MR-MUF (chip production method with heat dissipation characteristics)' packaging technology is shining even in HBM3E, and production yield is recording the industry's highest level, solidifying its position among customers."

SK Hynix is currently mass-producing the HBM3E 8-stack product. It is expected to supply 12-stack products starting next year. No said, "Looking at NVIDIA's artificial intelligence (AI) semiconductor 'R100' ultra lineup, HBM density is expected to increase rapidly until 2026," adding, "The investment attractiveness as the No.1 HBM company will remain strong."

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