156Keeping Solidigm in house helps $SK hynix(SKHY)$ valuation. Solidigm currently represents 12.9% of SK Hynix's overall value, and now it stays in house. The buyback announcement is coming October 28th, likely $20 billion USD, which is about 3% of the company. Those two factors alone restore roughly 16% more value to SKHY. A 1.16% move on the current share price of 135 puts $SK hynix(SKHY)$ around 156 per share the day after the earnings report. The company has about 75% gross margin on its product. The company is strong.
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