SK Hynix is trading 4.1% up today at KRW 1,836,000, rebounding from last week’s sharp sell-off in memory names as the broader sector rallies on AI optimism.
- Analysts are projecting memory price increases of approximately 25% for Q3, driven by sustained demand for AI-related hardware and infrastructure.
- Sentiment is further bolstered by the company's decision to halt in-house CXL controller R&D, refocusing resources on core DRAM and processing-in-memory (PIM) to provide greater strategic clarity.