SK Hynix (SKHY) Could Be 64% Below Fair Value Following Its Record Quarter
SK hynix (NasdaqGS:SKHY) is back in focus after a sharp AI related selloff hit semiconductor heavy indices, even as the memory producer reported a record quarter with strong revenue and operating profitability. The recent pullback in SK hynix has been sharp, with the 30 day share price return down about 20% and the year to date share price return also lower by roughly 20%, even after a 5.5% rebound to US$134.38 that followed record quarterly results and sector wide AI related selling that hit...
SK hynix (NasdaqGS:SKHY) is back in focus after a sharp AI related selloff hit semiconductor heavy indices, even as the memory producer reported a record quarter with strong revenue and operating profitability. The recent pullback in SK hynix has been sharp, with the 30 day share price return down about 20% and the year to date share price return also lower by roughly 20%, even after a 5.5% rebound to US$134.38 that followed record quarterly results and sector wide AI related selling that hit...
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