--- title: "Fourth quarter profits are expected to hit a record high, Morgan Stanley: SK Hynix's stock price rise makes sense" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/224294479.md" description: "Bank of America expects SK Hynix's overall DRAM operating profit margin in the fourth quarter to reach 51%, significantly higher than Samsung Electronics' 30%. Bank of America also anticipates that SK Hynix's high bandwidth memory (HBM) sales will account for 40% of DRAM sales in the fourth quarter, with a profit margin exceeding 60%" datetime: "2025-01-08T09:03:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/224294479.md) - [en](https://longbridge.com/en/news/224294479.md) - [zh-HK](https://longbridge.com/zh-HK/news/224294479.md) --- > 支持的语言: [English](https://longbridge.com/en/news/224294479.md) | [繁體中文](https://longbridge.com/zh-HK/news/224294479.md) # Fourth quarter profits are expected to hit a record high, Morgan Stanley: SK Hynix's stock price rise makes sense SK Hynix's performance expectations for the fourth quarter of 2024 hit a new high. On January 7, Bank of America analyst Simon Woo and his team released a report, **expecting semiconductor giant SK Hynix to achieve a record operating profit of 8 trillion won in the fourth quarter of 2024—far exceeding SK Hynix's annual operating profit level during normal cycles.** Bank of America also expects SK Hynix's overall DRAM operating profit margin in the fourth quarter to reach 51%. Woo pointed out that SK Hynix's performance growth is mainly attributed to the following factors: > 1. Bank of America expects SK Hynix's high bandwidth memory (HBM) sales to account for 40% of fourth-quarter DRAM sales, with a profit margin exceeding 60%; > 2. Global dynamic random-access memory (DRAM) prices continue to rise in the fourth quarter; > 3. SK Hynix holds a leading position in enterprise-level solid-state drive solutions above 30TB. Looking ahead to 2025, Woo believes that SK Hynix's performance outlook remains optimistic for the following reasons: > 1. HBM prices are expected to continue rising, thanks to SK Hynix's dominant position in the 12-layer HBM market; > 2. SK Hynix's LPDDR5 memory prices are expected to remain stable; > 3. SK Hynix's operating profit in the first and second quarters of 2025 is expected to remain above 7 trillion won. On the other hand, SK Hynix's competitor and semiconductor giant Samsung Electronics has shown some struggles in recent quarters, with today's announced fourth-quarter results falling short of market expectations in both revenue and profit ### 相关股票 - [Samsung Electronics (SSNGY.US)](https://longbridge.com/zh-CN/quote/SSNGY.US.md) - [Semiconductor (CP00062.US)](https://longbridge.com/zh-CN/quote/CP00062.US.md) - [HUA HONG SEMI (01347.HK)](https://longbridge.com/zh-CN/quote/01347.HK.md) - [Hudbay Minerals (HBM.US)](https://longbridge.com/zh-CN/quote/HBM.US.md) - [Shannon Semi (300475.CN)](https://longbridge.com/zh-CN/quote/300475.CN.md) - [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/zh-CN/quote/SOXX.US.md) - [LONGSYS (301308.CN)](https://longbridge.com/zh-CN/quote/301308.CN.md) - [Biwin (688525.CN)](https://longbridge.com/zh-CN/quote/688525.CN.md) - [Micron Tech (MU.US)](https://longbridge.com/zh-CN/quote/MU.US.md) - [HANBELL (002158.CN)](https://longbridge.com/zh-CN/quote/002158.CN.md) - [Bank of America (BAC.US)](https://longbridge.com/zh-CN/quote/BAC.US.md) - [Direxion Semicon Bull 3X (SOXL.US)](https://longbridge.com/zh-CN/quote/SOXL.US.md) - [Direxion Semicon Bear 3X (SOXS.US)](https://longbridge.com/zh-CN/quote/SOXS.US.md) - [Puya semiconductor (688766.CN)](https://longbridge.com/zh-CN/quote/688766.CN.md) - [Morgan Stanley (MS.US)](https://longbridge.com/zh-CN/quote/MS.US.md) - [Western Digital (WDC.US)](https://longbridge.com/zh-CN/quote/WDC.US.md) ## 相关资讯与研究 - [Samsung Electronics to cancel $9.55 billion worth of treasury shares](https://longbridge.com/zh-CN/news/281141529.md) - [TSMC's Supply Squeeze Through 2028 Could Be This Chipmaker's Big Break As AI Demand From Nvidia, Apple Surges](https://longbridge.com/zh-CN/news/281141442.md) - [Why Nvidia And Tesla Are Suddenly Knocking On Samsung's Door](https://longbridge.com/zh-CN/news/280999748.md) - [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/zh-CN/news/281345615.md) - [Helium stocks of South Korea's chipmakers to last until June, sources say](https://longbridge.com/zh-CN/news/281140144.md)