SK Hynix dominated the high-frequency wide memory (HBM) market. Recently, the positive news came one after another. On the 25th, the analysts were bullish and strongly shouted for a long time. The stock price should rise sharply, setting a record high again.
According to the report of "BusinessKorea", Chae Min-sook, an analyst at Korea Investment & Securities, issued a research report on the 25th, calling out SK Hynix's target price of 340,000 Korean circles, up 6% from the previously expected 320,000 Korean circles, and reiterated that it would give "Buy" investment reviews, bringing the stock price to a record high.
On June 25, SK Hynix's Chinese stock price hit a new high, once rising 291,500 KW, and finally closing at 286,000 KW, an increase of 2.69%.
Chae Min-sook predicts that as SK Hynix continues to gain a leading position in the fifth-generation HBM3E market, it will inject overall performance, and its growth potential in the second quarter is expected to increase by 20.2 trillion KW, an annual increase of 23%, and its single-quarter operating profit is even higher than 8.8 trillion KW, a 61% increase, a record high.
SK Hynix is the main supplier of NVIDIA HBM. According to a report by the market research agency Counterpoint Research, in the first quarter of 2025, SK Hynix won a market share of 36% in the global DRAM market, surpassing Samsung Electronics' 34%, and rose to the world's largest DRAM supplier for the first time.