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SK Hynix Crashes 20%: NVIDIA Supplier Trades at 5x Earnings

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • SK Hynix fell 20% post-IPO amid AI sector selloff despite record Q2 earnings and $38B fab investment.
  • Analysts see 81-162% upside, citing strong HBM supply position for NVIDIA's AI chips, with fundamentals intact despite volatility.
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NVDA price history

213.90 +21.13% over the displayed period

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