SK Hynix: A Premier Asset Severly Discounted
SK Hynix (SKHY) is rated a strong buy, driven by its dominant HBM market share and strategic US ADR listing set for July 10th. Consensus forecasts project over 50% YoY growth through 2Q28, with peak earnings in 1Q28, underpinned by AI data center demand. SKHY's HBM wafer capacity is set to rise from 18% to 42% by 2028, supporting margin expansion and reducing exposure to commodity DRAM cycles.