Go fishing where the fish are, that's the wisdom of the investment guru Mr. Mango. Right now, the fish in the US stock market are in the storage chips, which is the hottest narrative on Wall Street. Where the capital flows, that's where the most fish are.
Samsung, SK Hynix, Micron, and SanDisk are the big four, still taking center stage in the AI stock arena for the next few months, if you still believe AI is the next industrial revolution. Personally, I’m really looking to directly buy into SK Hynix; it’s not as simple as just chasing the pumps and dumps. Here are a few reasons why I think you should firmly buy Hynix:
1. The strong get stronger; this saying has become a bit of a cliché, but it applies to the current investment/speculation logic. Storage chips are the most valuable sector in AI semiconductors, and Hynix is the king of high-end memory HBM, holding over 50% market share, which means they take home the richest and most profits, truly the king of kings!
2. Robust market demand, high revenue/profit returns; according to broker consensus forecasts, Hynix's revenue will exceed $50 billion, with profits over $40 billion, and this number continues to grow.
3. Multiple tailwinds; rival Micron is set to release its Q2 earnings report on June 24, and Micron's better-than-expected profitability will further drive the market FOMO towards stronger competitor Hynix. The market expects SK Hynix to be listed on NASDAQ in late July, which means attracting liquidity and capital from around the globe, gaining higher investment premiums.
But as a retail investor, the biggest problem is finding a way to invest in Hynix on the Korean market, unless you have a broker like Interactive Brokers that supports Korean stocks, or it’s quite challenging even if you want to invest, which is not very friendly for crypto folks.
Samsung, SK Hynix, Micron, and SanDisk are the big four, still taking center stage in the AI stock arena for the next few months, if you still believe AI is the next industrial revolution. Personally, I’m really looking to directly buy into SK Hynix; it’s not as simple as just chasing the pumps and dumps. Here are a few reasons why I think you should firmly buy Hynix:
1. The strong get stronger; this saying has become a bit of a cliché, but it applies to the current investment/speculation logic. Storage chips are the most valuable sector in AI semiconductors, and Hynix is the king of high-end memory HBM, holding over 50% market share, which means they take home the richest and most profits, truly the king of kings!
2. Robust market demand, high revenue/profit returns; according to broker consensus forecasts, Hynix's revenue will exceed $50 billion, with profits over $40 billion, and this number continues to grow.
3. Multiple tailwinds; rival Micron is set to release its Q2 earnings report on June 24, and Micron's better-than-expected profitability will further drive the market FOMO towards stronger competitor Hynix. The market expects SK Hynix to be listed on NASDAQ in late July, which means attracting liquidity and capital from around the globe, gaining higher investment premiums.
But as a retail investor, the biggest problem is finding a way to invest in Hynix on the Korean market, unless you have a broker like Interactive Brokers that supports Korean stocks, or it’s quite challenging even if you want to invest, which is not very friendly for crypto folks.