As of 2:31 PM on the 28th, SK Hynix is trading at 82,400 KRW, down 0.6% from the previous day. The trading volume is 2,558,315 shares, which is 80.32% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On September 25, analyst Kim Jang-yeol of Sangsangin Securities stated, "SK Hynix stock is fundamentally a cyclical stock and is sensitive to fluctuations in commodity product prices. The momentum and speed of the upcoming rise depend on the strength of the global economic recovery and conservative investments by semiconductor suppliers including competitors. Although the macro situation cannot be optimistic, the willingness of semiconductor suppliers to adjust supply and demand is maintained, and there is a possibility of resuming fundamental demand expansion for data centers due to aggressive strategies among smartphone companies." He set the target price for SK Hynix at 100,000 KRW.
Over the past five days, individual investors have net sold 4,711,864 shares of SK Hynix, while foreigners and institutions have net bought 2,659,695 shares and 2,224,087 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.
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