SK Hynix Rallies 7.2% as Memory-Supply Views Diverge
Published on 11/10/2026 at 12:02 | Editorial boerse-global.de
SK Hynix shares rose 7.2% today, even as Morgan Stanley cut its price target yesterday from 2.6 million Won to 1.6 million Won. The firm kept its “Overweight” rating, while citing concerns that memory supply could loosen and data-center expansion could slow after 2028.
The advance came amid a broader recovery in technology stocks. The Philadelphia Semiconductor Index gained 6.85% on Monday, and media reports described renewed buying in South Korean chipmakers as bargain-hunting after steep losses. Robust global demand for AI chips, lower oil prices and TSMC’s October sales report were also cited as support for sentiment. Samsung Electronics rose as well.
SK Hynix offered a longer-term counterpoint to Morgan Stanley’s concerns at its October 28 earnings presentation: the company expects memory-chip shortages to persist until 2030. It also said long-term agreements cover more than 50% of its production capacity for 2027–2028, and expected HBM4 to become its most important product in the fourth quarter.
Should investors sell immediately? Or is it worth buying SK Hynix?
For the third quarter of 2026, the company reported revenue of 105 trillion Won, operating profit of 83.3 trillion Won and net income of 39.8 trillion Won. For fiscal 2026, it planned to return about 100 trillion Won to shareholders, including cash dividends of more than 30 trillion Won and more than 60 trillion Won through share buybacks and cancellations.
Separate expansion plans face a regulatory obstacle in the United States. Reuters reported more than a week ago that US authorities had not approved licenses covering American chipmaking equipment at SK Hynix’s Dalian site, complicating Solidigm’s proposed investment in two NAND plants in Marcy, New York. The plans involve about $45 billion, with the investment potentially reaching about $100 billion over time; those figures refer to proposed or possible spending, not completed outlays.
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SK Hynix Stock: New Analysis - 10 November
Fresh SK Hynix information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
