0831 GMT - Memory makers' recent share-price correction doesn't signal a fundamental shift in the memory market, Counterpoint Research director MS Hwang said. Samsung Electronics fell 6.9% and SK Hynix declined 6.1% on Tuesday despite Samsung projecting another record quarter on robust demand. Some investors may think that much of the Samsung's upside, driven by expectations of stronger profitability, has already been priced in, Hwang said. "Recent labor strike efforts and political discussions around profit sharing may also raise concerns about future shareholder returns," he said. However, memory makers' fundamentals remain intact, he notes. According to Counterpoint's July memory price tracker, DRAM prices are expected to increase by 10%-20% in 3Q, above its initial 5%-10% forecast, as customers continue to pull forward orders. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
July 07, 2026 04:31 ET (08:31 GMT)
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