Goldman Sachs remains constructive on SK Hynix, with a 12-month target price of KRW 3.5m. Key downside risks: a marked deterioration in memory supply/demand, delays to technology-node upgrades, weaker mobile/PC/server demand, an accelerated Samsung H

2026-09-02

Goldman Sachs remains constructive on SK Hynix, with a 12-month target price of KRW 3.5m. Key downside risks: a marked deterioration in memory supply/demand, delays to technology-node upgrades, weaker mobile/PC/server demand, an accelerated Samsung HBM ramp, and a slowdown in AI capex reducing HBM demand.