SK hynix Inc. Sponsored ADR (KRX:000660) is riding AI-driven memory strength—stock and ADR gains and a $4B+ Indiana HBM/R&D investment with U.S. aid and 7,000 jobs—while CEO warns extended tightness to 2030 even as funds cut positions and unions narrowly reject a pay deal.

Previous Week Recap

• SK hynix ADR Surge Drives EM AI Gains: SK hynix ADR (000660) surged ~456% year-over-year, driving EM AI gains. Intraday, the ADR rose about 2.5%, lifting Korea's KOSPI and peers in the memory-chip sector. 2 sources
• SK hynix to Invest $4B+ Indiana HBM Site: SK hynix (000660) will invest $4B+ to build a 133.5-acre Indiana HBM packaging and AI semiconductor R&D site. Cleanrooms due H2 2028; project ~7,000 jobs. U.S. aid ~ $958M. 2 sources
• Kwak: Memory Shortage May Last: SK hynix (000660): CEO Kwak says global memory shortage may last through 2030, low oversupply risk, no current oversupply signs, AI demand keeps memory premium; future downturn likely gradual. Binance News
• EPFR: SK hynix ADR Outflows Record: Funds tied to SK hynix Inc. Sponsored ADR (000660) saw record net outflows in the latest EPFR report, signaling large investor reductions in SK hynix positions. CNBC TV18
• BofA Keeps Buy, $250 Target: Bank of America reaffirmed Buy on SK hynix (000660) and kept a $250 target, citing expected long-term memory supply tightness that supports industry pricing and demand. Binance News
• SK hynix ADR Wage Deal Rejected: SK hynix ADR (000660): union narrowly rejected tentative wage and bonus deal by 50.08% (25-vote margin). Offer: 6.3% pay bump, profit-linked bonuses split 40% cash/60% shares. 3 sources
• Q1 NAND Share: Samsung Leads: Q1 NAND market share: Samsung 29%, SK hynix (000660) 18%, YMTC ~13% — SK hynix ranks second in NAND share, trailing Samsung and ahead of YMTC and Micron. Dow Jones Newswires