'2 Million Nix' in Sight... SK hynix Hits Another Record High [Stock Feature]

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[Financial News] SK hynix has once again set an intraday record high, moving closer to the 2 million won mark.
As of 3:13 p.m. on the 13th, SK hynix was trading at 1,988,000 won, up 153,000 won, or 8.34%, from the previous trading day. At one point during the session, it touched 1,990,000 won and set a new all-time high.
The stock opened lower on the day, but turned higher early in the session and quickly widened its gains.
Brokerages are raising their price targets one after another, citing SK hynix's strong profitability. The current upper end of the target price range is 2.8 million won, as suggested by KB Securities.
Kim Dong-won, Head of Research at KB Securities, said, "The pace of upward revisions to earnings forecasts is outpacing the stock's rise." He added, "We have raised our operating profit estimates for this year and next year to 27 trillion won and 41.8 trillion won, respectively."
He also noted, "In particular, the upward trend in memory semiconductor prices and the surge in demand for server DRAM and solid-state drives (SSD) driven by expanded investment in artificial intelligence (AI) infrastructure are likely to continue for a long time beyond next year." He added, "The markets for Agentic AI and on-device AI are still only in their early stages, while the Physical AI market, including humanoid robots and autonomous driving, has not even opened yet."
jisseo@fnnews.com Seo Min-ji Reporter