eToro analyst Josh Gilbert said SK Hynix's latest results should ease market
worries that AI spending is nearing a ceiling. He pointed to a sharp increase in
shareholder returns and long-term contracts locking more than half of the
company's capacity for the next two years. Gilbert added that an 80% operating
margin strong pricing power—typically only seen when customers demonstrate
compete for supply—and that five-year supply deals indicate major buyers are
securing AI infrastructure capacity, a dynamic that boosts market confidence
despite the memory sector's chronic risk of simultaneous overexpansion.
