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[Featured Stock] SK Hynix Weakens After Sharp Rise Followed by Rebound Selling

SK Hynix's stock price is weak. It appears that a sell-off has occurred in response to the recent sharp rise in stock prices.


[Featured Stock] SK Hynix Weakens After Sharp Rise Followed by Rebound Selling [Image source=Yonhap News]

As of 9:57 AM on the 13th, SK Hynix is trading at 164,500 KRW, down 2.55% from the previous day.


No Geun-chang, head of the research center at Hyundai Motor Securities, explained, "The reason for the severe stock price adjustment despite favorable earnings is the possibility of a delay in the launch of Nvidia's Blackwell, a key client."


He added, "However, recently, there have been suggestions that the chiplet-based B200, which was possibly delayed until the first quarter of next year, could be supplied within this year, and the single-die type B200A is reportedly gaining demand preference mainly from general companies and telecom operators. Considering the differentiated technological dominance in the high-bandwidth memory (HBM) market, a strategy of buying and holding is effective," he analyzed.


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