SK Hynix Semiconductor Performance
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SK Hynix reports record first-half revenue exceeding 130 trillion won and a second-quarter operating profit of 60.5 trillion won, driven by AI chip demand. Despite strong performance, the company's stock dipped amid 'peak out' fears, and it is currently negotiating HBM volume and pricing for the next year. Separately, BNK Securities lowered its target price for SK Hynix to a record low of 1.48 million won.
BNK Securities Slashes SK Hynix Target Price to Record Low of 1.48 Million Won
- BNK Investment & Securities lowered its target price for SK Hynix to 1.48 million won, the lowest among brokerage reports. - The firm maintained its 'Hold' investment rating, citing a 'limited rebound potential' despite the stock being oversold. - This conservative outlook contrasts with other analysts who have higher price targets for the semiconductor company.
SK Hynix Posts Record First-Half Revenue, But Stock Dips Amid 'Peak Out' Fears
- SK Hynix reported record-breaking first-half revenue exceeding 130 trillion won and a second-quarter operating profit of 60.5 trillion won, driven by high-value AI memory chips like HBM. - Despite r…
SK Hynix Negotiating HBM Volume, Price for Next Year Amid Rising DRAM Costs
- SK Hynix is negotiating the volume and price of High Bandwidth Memory (HBM) for next year with key clients. - The company anticipates that the rising prices of standard DRAM will also influence HBM …
SK Hynix posts record Q2 profit of $52 billion on AI chip demand
- SK Hynix reported record-breaking operating profit of 60.54 trillion won in the second quarter, a 6.5-fold increase year-on-year. - Revenue also hit a quarterly high of 79.31 trillion won, driven by…
SK Hynix Q2 Profit Soars Over Sixfold to Record High, But Misses Market Estimates
- SK Hynix reported a second-quarter operating profit of 60.5 trillion won, a more than sixfold increase year-on-year. - This marks the company's largest-ever quarterly profit, though it fell short of…