Nividia Supplier SK Hynix Shares Drop To Lowest Level Since February In Seoul After Morgan Stanley Downgrade: 'Memory Conditions Are Beginning To Deteriorate'
Nividia Supplier SK Hynix Shares Drop To Lowest Level Since February In Seoul After Morgan Stanley Downgrade: 'Memory Conditions Are Beginning To Deteriorate'
The stock hit its lowest level since Feb. 19 after falling as much as 10%. Meanwhile, NVIDIA Corp's (NASDAQ:NVDA) key supplier for high-bandwidth memory chips SK Hynix (OTC:HXSCF) declined over 6% on the South Korean exchange after Morgan Stanley downgraded the Korean memory chipmaker to underweight from overweight.
摩根士丹利将韩国存储芯片制造商方面国际(HXSCF)的评级从超重调低到低股价下跌6%以上
What Happened: Morgan Stanley in a brokerage note slashed SK Hynix's target price to 120,000 won from 260,000 won, citing the least preference for the stock among global memory makers, reported Bloomberg on Thursday.
摩根士丹利在经纪报告中把方面国际的目标价从260000韩元下调至120000韩元，称该公司是全球存储制造商中最不受青睐的股票
"We prefer moving up to quality in Samsung and value-oriented end markets," wrote analysts Shawn Kim and Duan Liu. "Memory conditions are beginning to deteriorate. It will get tougher for revenue growth and margins from here as we move past late-cycle conditions."
"我们更偏向于把投资重点放在三星和终端市场的价值倾向上"，分析师Shawn Kim和Duan Liu写道："存储条件开始恶化，营收增长和利润空间将变得更加困难"
The stock hit its lowest level since Feb. 19 after falling as much as 10%. Meanwhile, Samsung Electronics Co (OTC:SSNLF) saw a 3.1% decline among other semiconductor shares traded in Seoul.
股价下跌了10%后，该股回落至2月19日以来的最低点，同时首尔交易的其他半导体股中，三星电子(SSNLF)下跌了3.1%
Why It Matters: In July, Goldman Sachs Group Inc. increased SK Hynix's stock-price target to 290,000 won ($210), indicating a potential gain of 25%. Meanwhile, Citigroup Inc. raised its prediction to 350,000 won during the same period.
在7月份，高盛集团将方面国际的股价目标上调至290000韩元($210)，表示潜在增幅为25%。与此同时，花旗集团也在同一时期将其预测上调至350000韩元
SK Hynix's parent company, SK Group, pledged to invest 80 trillion won ($56 billion) by 2026 in artificial intelligence and semiconductors, primarily in high-bandwidth memory chips, data centers, and personalized AI assistant services. This move is expected to strengthen its supply chains for emerging technology and bolster its position as a leading supplier to Nvidia.
方面国际的母公司韩国SK集团承诺到2026年在人工智能和半导体领域投资80万亿韩元($560亿)，主要用于高带宽存储芯片、数据中心和个性化人工智能助手服务。这一举措预计将加强其新兴技术供应链，巩固其作为英伟达的主要供应商的地位
The ongoing AI boom has put two South Korean chipmakers, Samsung and SK Hynix, in the spotlight. Industry experts are now discussing which company is the better investment in this AI-driven market.
持续的人工智能热潮使得韩国的两家芯片制造商三星和方面国际成为关注焦点。行业专家现在正在讨论在这个人工智能驱动的市场中，哪家公司是更好的投资机会
Price Action: SK Hynix is currently trading at 151,800 won, with a decline of 6.76% on Thursday. The stock has gained 6.60% year-to-date, according to data from Benzinga Pro.
方面国际周四的股价为151800韩元，下跌了6.76%。根据Benzinga Pro的数据，该股今年来累计上涨了6.60%
Image via SK Hynix
图像来自SK Hynix
