SK Hynix Q2 Earnings on July 29 Seen as Turning Point for Korean Market

According to Meritz Securities research head Lee Jin-woo, SK Hynix's Q2 earnings release on July 29 will serve as a critical turning point for the second-half market, as investors seek clarity on AI investment sustainability and memory chip demand. The report comes as Korean stocks adjust sharply amid semiconductor peak-out concerns; the 12-month forward P/E has fallen to 5.8 times, near financial crisis lows. Lee noted that uncertainty over whether major chipmakers can sustain profitability has been reflected in current valuations, though rising U.S. interest rates pose additional funding risks for the sector.
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HachimanHikigayavip
· 23h ago
Get on board fast! 🚗
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HachimanHikigayavip
· 23h ago
Hurry up and get on the train! 🚗
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