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Sole Analyst with 'Sell' Rating on South Korean Chip Titans Raises Red Flags on AI Hype
1 week ago /
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Author：小编
In a daring move, an analyst has issued a 'sell' rating for both SK Hynix and Samsung Electronics. The analyst points out that South Korean chip stocks have soared to valuations that are difficult to justify from a fundamental perspective and are vulnerable to significant corrections triggered by even minor hiccups. Morningstar's pessimistic report, which was released over a month ago, initially flew under the radar. However, it has recently resurfaced in the spotlight as regulatory and investor scrutiny intensifies over the tech giants' substantial investments in artificial intelligence.
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