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[Featured Stock] US Semiconductor Stocks Rally... SK Hynix Up 2.68%

Along with the strength of U.S. semiconductor stocks, SK Hynix's stock price is on the rise.


As of 10:20 a.m. on the 17th, SK Hynix was trading at 184,100 won, up 4,800 won (2.68%) from the previous trading day.

[Featured Stock] US Semiconductor Stocks Rally... SK Hynix Up 2.68%

The previous day, the New York stock market saw a continued concentration on individual tech stocks with positive factors such as Broadcom (11.2%) and Micron (5.6%) due to earnings expectations, and the Philadelphia Semiconductor Index showed strength.


On this day, Go Young-min, a researcher at Daol Investment & Securities, said, "Due to short-term earnings visibility and the additional expansion of medium-term artificial intelligence (AI) demand, the fundamental strength still stands out the most," maintaining his top sector pick.


He added, "Although the target stock price is lowered to 290,000 won due to downward revisions in next year's earnings estimates, since the stock price already reflects concerns about short-term weak earnings and average selling price (ASP) trends, a strategy to capture a leading stock price rebound is valid in this phase."


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