
Daishin Securities: Memory Chip Stocks Enter New Era; Raises SK Hynix (000660.KS) TP 47% to 2.5M won

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Daishin Securities has raised its target price for SK Hynix (000660.KS) by 47% to 2.5 million won, citing a new era for memory chip stocks driven by surging AI demand. SK Hynix's stock reached an intraday high of 1.949 million won, up 15.3%. The KOSPI index also hit a record high, supported by SK Hynix and Samsung Electronics. Morningstar forecasts significant increases in SK Hynix's operating margin and dividends over the next few years, with expectations for DRAM and NAND prices to peak next year.
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