Profits surge 632%, but Micron’s stock remains tied to the Korean market
SK Hynix’s Q3 revenue hit 104.62 trillion won, topping 100 trillion for the first time
Operating profit reached 83.33 trillion won, up 632% year over year, with a record profit margin of 80%
Hynix says the memory shortage will last until 2030; its DRAM and HBM supply is sold out for the next three years
Micron rose 4.14% premarket to $967.24, more than tripling this year
BofA reiterated its Buy rating, with a price target of $1,550
Analysts’ average price target is $1,621, implying 74.6% upside
Cramer quipped: Micron’s ups and downs depend entirely on Seoul’s mood
I think this rally is about pricing power amid shortages, not a demand boom. The thesis breaks if spot DRAM prices peak and fall, or Chinese capacity ramps up ahead of schedule
Are you betting the shortage-driven rally lasts until 2030, or that the cycle’s old script plays out again?
$MU $SKHY
#美光 #MemoryChips
This is not investment advice. DYOR; trading involves risk.
SK Hynix’s Q3 revenue hit 104.62 trillion won, topping 100 trillion for the first time
Operating profit reached 83.33 trillion won, up 632% year over year, with a record profit margin of 80%
Hynix says the memory shortage will last until 2030; its DRAM and HBM supply is sold out for the next three years
Micron rose 4.14% premarket to $967.24, more than tripling this year
BofA reiterated its Buy rating, with a price target of $1,550
Analysts’ average price target is $1,621, implying 74.6% upside
Cramer quipped: Micron’s ups and downs depend entirely on Seoul’s mood
I think this rally is about pricing power amid shortages, not a demand boom. The thesis breaks if spot DRAM prices peak and fall, or Chinese capacity ramps up ahead of schedule
Are you betting the shortage-driven rally lasts until 2030, or that the cycle’s old script plays out again?
$MU $SKHY
#美光 #MemoryChips
This is not investment advice. DYOR; trading involves risk.
