[Featured Stock] SK Hynix Rises 6% on Expectations of Strong Rebound After Deep Correction

SK Hynix's stock price is on the rebound. It appears that buying momentum has surged amid expectations that the rebound will continue following a recent excessive price adjustment.

As of 9:47 a.m. on the 12th, SK Hynix is trading at 166,700 KRW, up 6.04% from the previous day.

Chaemin-sook, a researcher at Korea Investment & Securities, evaluated, "After the adjustment, the magnitude and momentum of the stock price increase will be the greatest within the sector." She added, "Due to continued production cuts this year, supply expansion will remain limited next year, and the increase in high-bandwidth memory (HBM) is also a factor restricting overall DRAM supply. In the short term, once mobile inventory adjustments are completed, supply and demand will balance, leading to a prolonged period of stabilization in average selling price (ASP) and earnings."

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