SK Hynix has surged 250% this year. Analysts say the AI-fueled rally may be only halfway done

Analysts say the AI memory cycle still has years to run, with limited new capacity and surging cloud investment expected to support further upside for SK Hynix. The article is constructive for AI-related memory suppliers, implying continued favorable demand-supply conditions rather than a near-term cyclical peak.

Analysis

Analysts say the AI memory cycle still has years to run, with limited new capacity and surging cloud investment expected to support further upside for SK Hynix. The article is constructive for AI-related memory suppliers, implying continued favorable demand-supply conditions rather than a near-term cyclical peak.