SK Hynix's stock has recently experienced a sharp decline, bringing renewed attention to the previously discussed '3 million won scenario.'
Images titled 'Possibilities for SK Hynix Reaching 3 Million Won' have been circulating across various online communities.
The images outline a hypothetical scenario in which SK Hynix's stock price would need to reach 3 million won, contingent on all major global semiconductor companies exceeding market expectations in their earnings reports.
Notably, the images include the earnings announcement schedules for nine companies: TSMC, Samsung Electronics, Google, SK Hynix, Seagate, Microsoft, Meta, Apple, and Amazon, along with the condition that 'if all nine are met, SK Hynix will re-enter the 3 million won range.'
Next to each company, conditions necessary for an improvement in the semiconductor market are listed, such as 'strong performance needed,' 'earnings exceeding expectations,' 'increased CapEx,' and 'good cash flow.'
However, the images currently circulating indicate that TSMC, Samsung Electronics, Google, and Seagate have already reported their earnings, marked with red circles. A large 'X' is drawn next to SK Hynix, with the caption 'Failed to re-enter 3 million won!' suggesting that the scenario is effectively nullified.
This reflects the recent lackluster response of SK Hynix's stock following its earnings announcement, compounded by a downturn in U.S. tech and semiconductor stocks, which has dampened investor sentiment.
In response, netizens commented, 'The 3 million won scenario is over,' 'Nomura's 4.7 million won target price has become a meme,' 'The market can collapse with just one variable going wrong,' 'AI demand is still strong, but investor sentiment is too weak,' and 'In the end, policy and sentiment are scarier than the semiconductor market itself.'
Some investors noted, 'While 3 million won may be difficult for the time being, the growth of the AI memory market remains valid,' expressing hope for a recovery in the semiconductor market from a long-term perspective.
* This article has been translated by AI.
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