HSBC: SK Hynix's Fourth-Quarter Performance Anticipated to Reach All-Time High
2 week ago / Read about 0 minute
Author:小编   

On January 13, HSBC analyst Ricky Seo released a report projecting that SK Hynix's operating profit for the fourth quarter would surge by 57% compared to the previous quarter, hitting an unprecedented peak of KRW 18 trillion. Specifically, it is anticipated that the prices of DRAM and NAND chips will climb by 25% and 20%, respectively. The depreciation of the Korean won against the US dollar is likely to have provided an additional boost to the company's earnings. As a key supplier of Nvidia's High Bandwidth Memory (HBM) products, SK Hynix is poised to continue reaping the benefits of robust product shipments. At present, the enduring fervor for AI investment, along with the strong demand for general-purpose DRAM during the memory chip supercycle, is offering dual catalysts for SK Hynix's growth.