As of 1:30 PM on the 22nd, SK Hynix is trading at 82,600 KRW, down 1.43% from the previous day. The trading volume is 1,529,255 shares, which is about 31.16% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On October 21, Minseong Hwang, a researcher at Samsung Securities, announced, "SK Hynix disclosed the acquisition of Intel's NAND business division. Although the market views the acquisition as expensive, it is considered a necessary move for growth. SK Hynix ranks second in NAND semiconductors and is emerging as number one in enterprise SSDs, which also implies improved profitability. More importantly, there is potential synergy between the two companies. Although excluded from this deal, future production cooperation on Optane and expanded collaboration between CPU and memory are expected." He set SK Hynix’s target price at 120,000 KRW.
Over the past five days, individual investors have net purchased 889,961 shares of SK Hynix, while foreigners and institutions have net sold 1,530,408 shares and net purchased 432,102 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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