--- title: "Weekly Recap | SK Hynix -1.35%, Intel talks spark Friday spike" type: "News" locale: "en" url: "https://longbridge.com/en/news/299514496.md" description: "SK Hynix (SKHY.US) closed the week at $187.50, down 1.35% from the previous Friday’s close of $190.07, while the S&P 500 slipped just 0.08%. The stock underperformed the index by roughly 1.27 percentage points. The week was choppy, with an amplitude of 11.31%. It started lower at $174.93 on Monday, rallied to a session high of $192.01 on Friday, then gave back gains to settle at $187.50. The weekly low of $172.23 sits near the 20-day moving average of $172." datetime: "2026-09-19T06:46:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299514496.md) - [en](https://longbridge.com/en/news/299514496.md) - [zh-HK](https://longbridge.com/zh-HK/news/299514496.md) generator: "portal-rs" --- # Weekly Recap | SK Hynix -1.35%, Intel talks spark Friday spike ## The Week SK Hynix (SKHY.US) closed the week at $187.50, down 1.35% from the previous Friday’s close of $190.07, while the S&P 500 slipped just 0.08%. The stock underperformed the index by roughly 1.27 percentage points. The week was choppy, with an amplitude of 11.31%. It started lower at $174.93 on Monday, rallied to a session high of $192.01 on Friday, then gave back gains to settle at $187.50. The weekly low of $172.23 sits near the 20-day moving average of $172.418, while the high remains below the 50-day range high of $199.865, suggesting the shares are still working through a period of consolidation near historical highs. ## Key Events The dominant theme this week was news that SK Hynix has been in talks with Intel about memory production in Ohio. On September 16, the market first picked up on the discussions, lifting both Intel and SK Hynix shares. On September 17, details emerged, including a note from Daiwa saying confirmation of US memory production would be a win-win, and SK Hynix jumped in intraday trading. On September 18, reports deepened: Reuters said SK Hynix’s Solidigm unit is considering building a NAND fab in the US, while Intel pushed its Ohio project out to 2030-31 and its CEO said about 50% of supply was tied to SK Hynix talks. The same day, SK Hynix clarified reports about a Japan plant, saying expansion plans remain under review. HBM and AI memory demand stayed in focus, with several pieces arguing that storage is taking over from compute as the next bottleneck. ## Analyst Ratings Fifteen brokers cover SK Hynix: nine rate it buy, five rate it overweight, and one rates it hold, with no sell or underweight ratings. The consensus recommendation is strong buy, with a consensus target price of $248.43, about 32.50% above the latest close of $187.50. The target range is wide, from $152 to $355, reflecting a real split over how far the AI memory cycle can run and how the US expansion plays out. Within the semiconductor manufacturers industry, SK Hynix ranks 24th out of 78 companies by analyst rating. No rating changes were reported in the data provided. ## The Week Ahead Macro data is dense in the coming week. On September 22, the Richmond Fed composite index is due (prior 4). On September 24, initial jobless claims (prior 196k), the current account balance (prior -$226.8 billion), and new home sales (forecast 0.608m units) will be released. Softer US data could add pressure to semiconductor demand expectations. In parallel, the SK Hynix-Intel negotiations remain the key company-specific thread: any confirmation of an Ohio memory production agreement would directly shift expectations around the company’s US capacity footprint. ## In Short This week presented a tension between price action and news flow. SK Hynix fell 1.35% and lagged the S&P 500, but the Friday spike on Intel-related reports shows the market is still willing to reward the US expansion story. On the ratings side, the consensus is strong buy, with the target price about 32.5% above spot, though the wide target band signals disagreement. On the latest trading day, large and medium orders were net sellers while small orders were net buyers, a divergence between institutions and retail. Going forward, the variables to watch are whether the Ohio talks actually land, how the week’s US macro data hits semiconductor sentiment, and whether the HBM and NAND supply-demand picture changes. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [SK.US](https://longbridge.com/en/quote/SK.US.md) - [SKHZ.US](https://longbridge.com/en/quote/SKHZ.US.md) - [SKUU.US](https://longbridge.com/en/quote/SKUU.US.md) - [HYNX.US](https://longbridge.com/en/quote/HYNX.US.md) - [SKDD.US](https://longbridge.com/en/quote/SKDD.US.md) - [SKHL.US](https://longbridge.com/en/quote/SKHL.US.md) - [SKHU.US](https://longbridge.com/en/quote/SKHU.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) ## Related News & Research - [Signaturefd LLC Makes New $3.68 Million Investment in SK hynix Inc. $SKHY](https://longbridge.com/en/news/303059344.md) - [9,713 Shares in SK hynix Inc. $SKHY Purchased by SeaCrest Wealth Management LLC](https://longbridge.com/en/news/302857522.md) - [WOT Wins 859.46 Million Won Equipment Supply Contract With SK Hynix](https://longbridge.com/en/news/302507084.md) - [SBI Securities Co. Ltd. Makes New Investment in SK hynix Inc. $SKHY](https://longbridge.com/en/news/302855483.md) - [SK Hynix Executive Jeong Inchul Raises Shareholding to 1,000 Shares From 600](https://longbridge.com/en/news/303044054.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**