Samsung, SK Hynix stock targets lifted at Barclays on robust HBM demand - Investing.com Nigeria

Barclays raised price targets for Samsung Electronics and SK Hynix due to robust demand for High Bandwidth Memory (HBM). This move reflects the semiconductor industry's continued demand for high-perfo... Read original →

Barclays’ target hikes for Samsung and SK Hynix reflect more than strong HBM demand—they signal that the AI compute arms race has shifted from logic to memory. Technically, HBM3E/HBM4 adoption will strain TSV and CoWoS packaging capacity, amplifying shortages in silicon interposers and high-end substrates. On compliance, tightening U.S.-ROK export controls on advanced memory tech may force redundant fab investments outside mainland China and Taiwan, China, inflating capex. With Samsung and SK Hynix commanding over 80% of HBM supply, Micron is racing to close the gap via NVIDIA and Microsoft partnerships, while Chinese players like CXMT remain bottlenecked by equipment access. Over the next 12–24 months, HBM will redefine memory economics: traditional DRAM cycles weaken as HBM premium margins widen the profitability chasm between leaders and laggards.