Nomura Raises Samsung and SK Hynix Price Targets on May 18, Both Rated 'Buy'

GateNews

According to Nomura on May 18, the investment bank significantly raised its price targets for Samsung Electronics and SK Hynix, citing exponential AI-driven demand and limited memory supply. Nomura increased Samsung’s target price from 340,000 Korean won to 590,000 won, and SK Hynix’s from 2.34 million won to 4 million won, with both stocks rated as ‘Buy.’ The bank expects memory demand to enter a period of exponential expansion as AI semiconductor workloads shift from training to inference, though industry supply growth may remain constrained at approximately 5-6x annual rates.

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