On July 20, SK Hynix rose 4.32% in regular trading, trading at approximately $161.09/share, with turnover of $8.92 billion. The rebound comes after two consecutive sessions of cumulative losses exceeding 16%.

On the news front, SK Hynix Chairman Choi Tae-won publicly stated that AI semiconductor demand next year is expected to surge 60%-100% year-over-year, with overall memory demand growth reaching 50%-60%. He emphasized that supply-side expansion plans remain virtually nonexistent, projecting the supply-demand gap to widen further. Additionally, Choi disclosed that SK Hynix is scouting chip factory locations in the United States to boost supply capacity.

Multiple institutions voiced strong support. Korea-based Meritz Securities highlighted that SK Hynix's forward P/E ratio has fallen to approximately 3.5x, a historically extreme low, calling the current level a prime contrarian entry point. Within the Semiconductors sector, Micron Technology rose 5.25%, Intel rose 4.81%, AMD rose 4.24%, and TSMC rose 2.72%, reflecting broad sector strength.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)