---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42976842.md"
description: "$SK Hynix(SKHY.US)Just asking, what's the bearish case here? Earnings are good, future prospects are solid, and orders are abundant. Why has it dropped so much?"
datetime: "2026-07-28T03:05:40.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42976842.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42976842.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42976842.md)
author: "[股神拉菲特先生](https://longbridge.com/en/profiles/17210572.md)"
---

# $SK Hynix(SKHY.US)Just asking, what's the bearish …


### Related Stocks

- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [SKHYV.US](https://longbridge.com/en/quote/SKHYV.US.md)

## Comments (9)

- **JohnnyFoo · 2026-07-28T04:49:57.000Z**: The stored profits come from cloud providers, and the profits of cloud providers come from AI companies. Are AI companies profitable? No, so this money-burning game is inherently unsustainable. Now even cloud providers are burning cash to the point of negative operating cash flow. How long do you th
- **ricky.sun · 2026-07-28T04:24:45.000Z · 👍 1**: Cyclical stocks tend to crash in the mid-to-late stages; they often fall when earnings are at their peak. SK Hynix is currently transitioning into a growth stock, so its valuation logic will be completely different.I originally expected the transition of SK Hynix from a cyclical to a growth stock to
  - **大肥烧猪** (2026-07-28T04:33:18.000Z): Will this wear and tear be severe?
  - **ricky.sun** (2026-07-28T04:42:10.000Z): No, it's the same as TSMC; they are both regular stocks.
- **AI牛市 · 2026-07-28T03:10:37.000Z**: The estimated profit still needs to be shared with others, who aren't making money anyway. The contract is just a framework, meaning completion isn't guaranteed, and all subsequent prices are X.
- **hgo · 2026-07-28T03:08:00.000Z**: If Party A doesn't make money, there is no future prospect.
  - **hgo** (2026-07-28T03:08:25.000Z): If Google's cash flow hits a new high, you'd let it skyrocket to the sky
- **百步穿杨的天天 · 2026-07-28T03:07:13.000Z · 👍 2**: Bullish or bearish news doesn't matter; it all depends on whether the market maker is 'dog-like' (i.e., aggressive/predatory)
- **Harry不懂怎么赚钱 · 2026-07-28T03:07:11.000Z**: Because ChangXin Memory Technologies listed on the A-share market