On August 27, SK hynix rose 4.06% in regular trading, trading at $163.53/share, with turnover of $3.3 billion. The rally was driven by multiple catalysts including NVIDIA's quarterly revenue guidance breaking the $100 billion milestone for the first time and renewed analyst endorsements for the memory chip leader.

Bank of America maintained its Buy rating on SK hynix with a $250 price target, highlighting storage supply shortages, increasing long-term agreements, and high profit margins as key investment themes. Needham also raised its target price from $200 to $220. On capital returns, SK hynix reaffirmed its over 50% shareholder return policy, which includes a 40 trillion KRW stock buyback plan and an estimated 30 trillion KRW dividend payout for full-year results, with a cash-to-stock split of approximately 40:60.

Additionally, Samsung Electronics and SK hynix reportedly plan to increase 8-layer HBM4 memory supply to NVIDIA in the second half, with 8-layer memory expected to become the flagship product for next-generation HBM4E. The broader semiconductor sector rallied, with NVIDIA up 6.01% and Micron Technology up 1.28%.

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