On July 27, SK hynix rose 3.01% in regular trading, trading at $158.1/share, with turnover of $426 million.
On the news front, SK Group and NVIDIA announced a $500-billion-plus comprehensive partnership spanning AI data center construction and next-generation memory chip supply. SK hynix signed a long-term AI memory cooperation agreement with NVIDIA, securing HBM4 supply commitments, with the first AI factory data center expected to come online in 2027. The platform will be built on NVIDIA's DSX architecture paired with SK hynix HBM4 chips and VeraRubin accelerated computing technology.
Additionally, Meritz Securities raised SK hynix's target price to 3.1 million KRW, while Korea's National Pension Fund net purchased 425.8 billion KRW of the stock in July. The market also anticipates SK hynix's Q2 earnings report on July 29 to set a new record, with consensus operating profit forecast at 64.1 trillion KRW, representing over 600% year-over-year growth and an operating margin of 75%-77%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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