SK hynix: Settle the Dip, Play the AI Memory Bounce
SK hynix trades under $160 after a steep pullback. The company controls majority share of HBM, benefits directly from NVIDIA-led AI demand and accelerating capex among hyperscalers. With a $1.106T market cap, a still-reasonable P/E of 23.7 and recent sector-led selling presenting an entry, this trade targets a rebound toward the $185 area with a di…