Forget Micron. The SK Hynix IPO is What Should Have Investors Pumped

SK Hynix is set to start trading/going live on the U.S. market, ending Micron’s status as the sole readily tradable proxy for investors targeting the DRAM shortage. The development modestly broadens investor access to DRAM exposure beyond MU, but it’s unlikely to be a major immediate driver without new DRAM pricing or earnings data.

Analysis

SK Hynix is set to start trading/going live on the U.S. market, ending Micron’s status as the sole readily tradable proxy for investors targeting the DRAM shortage. The development modestly broadens investor access to DRAM exposure beyond MU, but it’s unlikely to be a major immediate driver without new DRAM pricing or earnings data.