SK Hynix ADRs surge on memory chip demand
Statements (19)
- Bullish
Wolfe Research raised its SK Hynix price target to $250 and increased its outlook to bullish.
- Bullish
SK Hynix climbed 5% following reports of a partnership with Intel to build memory chips in Ohio.
- Bullish
SK Hynix is likely to see its stock price rise significantly due to its $29 billion buyback commitment and anticipated memory shortage, which could drive the Korean market to a new all-time high.
- Bullish
Tech sector futures rose as Hynix buyback erased 8% decline and boosted Nikkei
- Bullish
SK Hynix stock jumped 4% through 10 a.m. ET Monday.
- Bullish
SK Hynix ADR is trading at $168.46 with a 1.68% price change
- Bearish
SK Hynix is outpacing Micron stock performance in the memory chip sector
- Neutral
Micron shares barely dipped after SK Hynix's approval
- Bullish
Cantor Fitzgerald is betting SK Hynix stock can soar to $300
- Bullish
SK Hynix shares are likely to rise following Bank of America's Buy rating and price target, as the bank identifies Micron as a deep mispriced rival in the memory-chip sector.
- Bullish
SK Hynix shares are likely to rise following the Wedbush 'Outperform' rating due to the firm's positive outlook on memory undersupply.
- Bullish
SK Hynix shares rose 5% after brokerages launched coverage with bullish ratings.
- Bearish
SK Hynix and Micron Technology declined 5% in early Monday trading.
- Bearish
SK Hynix and Micron are likely to experience substantial market pressure due to their 5% decline in early Monday trading.
- Bullish
SK Hynix ADRs are likely to continue rising as Citi projects memory tightness will persist through at least 2027.
- Bearish
SK Hynix fell 17% after profit rose 557% and still missed estimates
- Bullish
SK hynix and Samsung Electronics are likely to see positive market reactions due to their expected combined operating profit exceeding 150 trillion won, driven by strong demand for high bandwidth memory and AI data center products.
- Bullish
Citi maintains Buy rating on Samsung and SK Hynix.
- Bearish
SK Hynix and Micron Technology both declined 6% in Friday morning trading