$SK hynix(SKHY)$ Looking at ticker 000600, it's down 52% from its all-time high. When I evaluate chip stocks and the pullbacks they've had, this feels like a healthy pullback at the current level. In my view, the stock should be around $275 by the end of the year. AI demand keeps climbing, and private equity has poured billions into Nvidia and other chip companies for data center buildout and AI infrastructure procurement. No matter what happens with China or Micron, the market for these chipmakers and providers looks robust. It's only a matter of time before money circulates back in, since this is where the future is.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments