$SK hynix(SKHY)$ The dip was driven by nonsense and fear. SKHY just needed the anti-AI sentiment to cool off. Earnings are coming up and the numbers should be strong. On the low end it only runs into the 170s, then it can push back toward 200. Once the election cycle passes, a lot of the AI fearmongering should fade too. Deals should move forward as hyper-scaling builders work with politicians and datacenter construction ramps up.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments