SK Hynix - ADRSKHYVBUYOct 28, 2026Stock price when the opinion was issued
Listing on the NASDAQ is good for fund flows and for the stock, but there's some degree of geopolitical risk. Stock's gone vertical. He's read that the average South Korean has gone into lines of credit to buy this stock. If that doesn't signal the top of the market, what does?
It begs the question of whether the AI chip is really going to monetize? Market's currently fixated on hardware. History shows that the lion's share of profits typically accrues to the software side of the ecosystem.
Over its history this stock's gone from boom to bust, almost going bankrupt a couple of times. Very volatile segment. A very interesting question is will you make $$ if you hold it for 5-10 years? Remember the dot-com era.
Up 13% after reporting. Is the top supplier of high-bandwidth memory, most in demand from data centres, perhaps more important than Nvidia. Trades at a very cheap 3x 2027 PE. They beat on revenues and margins and guided with accelerating growth. Shares in New York rallied more than 13% today.