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SK Group Chairman: SK Hynix Stock Will Trend Upward Long-Term as Chip Demand Surges

2026-07-17 03:07:20

SK Hynix-11.52%

SKHY4.44%

SKHYV-0.98%

Samsung Electronics-8.76%

On Friday, SK Group Chairman Choi Tae-won said at a forum hosted by the Korea Chamber of Commerce that storage chip demand is growing exponentially, explaining why SK Hynix and Samsung Electronics stock prices have surged since last year. When asked about recent stock declines, he noted that share prices typically rise with market expectations before pulling back following over-appreciation phases. "I believe storage chip demand will persist, so over time, SK Hynix stock will trend upward," Choi said.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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