--- title: "SK Hynix ADR surged 27% as retail investors followed the AI guru's crazy influx" type: "News" locale: "en" url: "https://longbridge.com/en/news/292704944.md" description: "SK Hynix ADR surged over 27% in a single day, driven by Barclays raising its target price to $330 and its optimistic outlook on HBM market position. Despite a 52% premium compared to domestic Korean stock prices, retail investors are flocking in due to the AI boom. During the same period, storage concept stocks like Micron also rose, reflecting the market's optimistic expectations regarding memory shortages and supply chain bottlenecks" datetime: "2026-07-15T03:23:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292704944.md) - [en](https://longbridge.com/en/news/292704944.md) - [zh-HK](https://longbridge.com/zh-HK/news/292704944.md) generator: "portal-rs" --- # SK Hynix ADR surged 27% as retail investors followed the AI guru's crazy influx SK Hynix ADR experienced significant fluctuations, surging over 27% on the 14th, driven by analysts' optimism that the stock price could double. According to reports from Barron’s, Stocktwits, CNBC, and others, Barclays set a target price of $330 for SK Hynix ADR for the next year, citing ongoing memory shortages, strong pricing power, and a robust market position in high-bandwidth memory (HBM), with an initial investment rating of "overweight." After a 12.76% surge on its first trading day on July 10, SK Hynix ADR fell 9.32% on Monday, but rebounded with a 27.29% increase on Tuesday, closing at $193.92. In contrast, SK Hynix's stock listed in South Korea rose 3.69% on Tuesday, closing at 1,913,000 KRW (equivalent to $1,279.90). Since one share of SK Hynix common stock is equivalent to 10 units of ADR, SK Hynix ADR is currently trading at a nearly 52% premium compared to the stock listed in Korea. Other U.S. memory and storage stocks also rose on the 14th. Major memory manufacturer Micron Technology, flash memory module supplier Sandisk, NAND flash memory controller chip design giant Silicon Motion Technology, and hard drive manufacturers Western Digital and Seagate Technology rose 4.92%, 5.01%, 2.97%, 1.4%, and 2.05%, respectively. For many retail investors in tech stocks, SK Hynix's memory business reminds them of Micron. Micron is representative of the "supply chain bottleneck narrative," with its stock soaring nearly 1000% over the past year, followed by a 23% pullback from its late June peak. Gav Blaxberg, founder and CEO of the trading community Wolf Financial, which hosts investment discussions on X, YouTube, and podcasts, stated, "The reason everyone is focusing on SK Hynix is that Nvidia has clearly indicated they need a continuous supply of memory. We are facing a super cycle of demand, and there are very few companies globally that can provide this scale of production." The inspiration for these retail investors comes from 24-year-old former OpenAI researcher Leopold Aschenbrenner. With his precise stock-picking skills, he reportedly built a hedge fund worth $20 billion and earned the title of "AI Nostradamus." Traders closely monitor Aschenbrenner's holdings, tracking changes in filings such as 13-F and 13-G to stay updated on his latest positions, and share insights through "copy trading" apps like Autopilot and Dub, allowing investors to directly follow the stock picks of star users David Dziekanski, the founder of ETF company Quantify Funds, referred to these retail investors rushing into memory as "bottleneck bros." He stated, "In the AI field, for this group of 'bottleneck bros,' Aschenbrenner is like a Bill Ackman (the well-known hedge fund manager) figure, as everyone is looking for the next wave of momentum in the AI narrative. Everyone wants to know what the next target will be for these big players." According to an announcement on July 6, the fund "Situational Awareness," managed by Aschenbrenner, is also a cornerstone investor in SK Hynix. (This article is authorized for reprint by MoneyDJ News; the first image source: SK Hynix) ### Further Reading: - SK Hynix ADR at a large premium, fears of continued decline? The correlation between US and Korean stocks is deepening. - HBM price momentum cooling! Following last week's listing in the US, SK Hynix is considering buying Korean government bonds. - SK Hynix plummets, experts say: AI prospects and HBM expansion are two major pressures. - Understanding the "buy-in" signal behind SK Hynix's sharp decline! Zhongzu: Make good use of mechanisms to gradually take on Korean stocks for long-term AI. - Samsung and SK Hynix become ultimate retail investors! High leverage of 38 trillion financing triggers the largest liquidation wave in Korean stock history. - Actual production capacity planned at only 1/6? Bank of America estimates SK Hynix's expansion progress is lagging, challenging the goal of doubling by 2030. - Bloomberg discloses assessment for issuing ADR in the US, Samsung Electronics denies ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [BARC.UK](https://longbridge.com/en/quote/BARC.UK.md) - [BCS.US](https://longbridge.com/en/quote/BCS.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [SIMO.US](https://longbridge.com/en/quote/SIMO.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) ## Related News & Research - [Micron Sees 'No End' to AI Memory Supply Crunch: CEO Sanjay Mehrotra Says 'Nothing Ever Goes in a Straight Line'](https://longbridge.com/en/news/296743524.md) - [Samsung unveils plan to return up to US$79 billion to shareholders](https://longbridge.com/en/news/296615008.md) - [SK Tes Publishes 2025 Sustainability Report: Resilience in the Circular Economy](https://longbridge.com/en/news/296778640.md) - [South Korea's SK Hynix weighs Japan chip plant, multi-trillion won investment: report](https://longbridge.com/en/news/296553474.md) - [SK Hynix union finalising preliminary wage deal, source says](https://longbridge.com/en/news/296284094.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**