Changes in US stocks | SK Hynix (SKHY.US)'s early intraday increase extended to 5% to hit a new listing high

The Zhitong Finance App learned that on Wednesday, SK Hynix (SKHY.US) increased its intraday increase to 5%, reaching a new high. It is now reported at 195.36 US dollars, with a total market value of 1.43 trillion US dollars. According to the news, on September 8, S&P Global Market Intelligence's latest forecast shows that, driven by the strong boom in AI memory chips, SK Hynix is expected to announce a new round of stock repurchase plans in the fourth quarter of this year. The scale is expected to be between 20 trillion won and 40 trillion won (about 28 billion US dollars). Furthermore, after completing large-scale repurchases, the company is still able to distribute generous dividends, which adds a strong catalyst to the “value-up” (value-up)” and shareholder return restructuring promoted by the Korean government.

Furthermore, Korea KB Securities released a research report on September 7 stating that Samsung Electronics and SK Hynix's current memory chip inventory has dropped to less than 10 days, and the bit demand for DRAM and NAND will exceed supply by more than 10 percentage points next year. There is a possibility that the amount of memory chips that can actually be sold will run out at that time. KB Securities Research Director Kim Dong-won characterized this situation as a “historic shortage.” At the same time, the agency pointed out that the stock prices of Samsung Electronics and SK Hynix fell 38% from a high point in the past three months, and the price-earnings ratio corresponding to next year's results is only about 3 times. They are in an “extremely undervalued” state, and listed the two companies as preferred targets in the semiconductor sector. It is expected that a strong revaluation market will soon begin.