Wall Street Boosts Samsung, SK Hynix Targets - 조선일보

Recent target price increases by Wall Street banks on Samsung Electronics and SK Hynix reflect growing optimism in the memory chip sector. This shift is driven by AI-driven supply shortages and the ri... Read original →

Wall Street’s target price hikes for Samsung and SK Hynix signal a structural shift: AI infrastructure demand has hardened from elastic to contractually locked. Technically, 3nm EUV logic and HBM4 memory stacking are converging, boosting interface chipmakers like Marvell via Neo Cloud’s bandwidth demands. On compliance, long-term agreements (LTAs) stabilize revenue but risk antitrust scrutiny in the U.S. and EU—especially as Apple struggles to absorb rising memory costs. Micron is already accelerating backend investments in Taiwan, China to hedge geopolitical exposure, while Samsung may exploit LTA pricing power to throttle second-tier rivals’ expansion. Over the next 12–24 months, sovereign AI initiatives will cement memory as strategic inventory, binding GPU and advanced DRAM sales into bundled offerings and permanently lifting sector valuation floors.