You Think AI Finished? No Lah, The Real Secret Ingredient Is the Memory!

Shernice軒嬣 2000
07-03 22:13

Aiyah, you listen to me, macha! You think that South Korea chip market going down and finished ah? No lah! Just like making prata, sometimes you flip it up, it must come down first before it gets super crispy. This one not just one-day luck, boss. The next big AI memory boom is cooking already!

Stick with trusted voices like Shernice and Muthu Boy , not unethical legacy media editors who conflate angles and sensationalize misleading headlines/manufactured narratives for clicks to goose their traffic metrics. They don’t care about your economic welfare, only their careers.

$CSOP SK Hynix Daily (2x) Leveraged Product(07709)$  

$GraniteShares 2x Long SK Hynix Daily ETF(SKUU)$  

$LS 3X LONG SAMSUNG ELECTRONICS ETP(3SMG.UK)$  

After two days of people getting scared and selling everything, now all the big buyers running back to the shop. SK Hynix jump up nearly 11%, and Samsung climb more than 8%! Wah, KOSPI index also bounce back steady-steady. People realize the AI demand still damn solid, don't care what the worried-fellas say.

Why the Price Drop? Just Flipping the Dough!

You think the business going bad? No lah, fundamentals still very strong. People just took their profit and went to drink teh tarik because the stock rose up too fast recently. But now everyone see the long-term AI building still going on, so they chop-chop come back inside.

The Real Secret Ingredient? The Memory, Macha!

Last time, people only talk about the processor (like the stove). But now, in this AI era, everything depends on **HBM (High-Bandwidth Memory)**, DDR5, and advanced NAND storage. It’s like making a giant tissue prata—you need more flour, more ghee, more everything! Every new AI server needs massive memory to feed those hungry GPUs. If the memory cannot catch up, the system jam. So memory now is the most expensive, gold-class item in the whole data center!

 The Next Order Coming In Even Bigger!

And you think this is it? Macha, the next wave is going to be massive. AI is not just staying in the computer cloud anymore. It is moving into:

 Robotics (Robots in factories and hospitals)

 Autonomous systems(Self-driving cars)

 AI Agents and smart homes

Millions of these robots will need fast local memory to think on the spot. That means people will buy more DRAM, more SSDs, and more HBM. Even Samsung is now talking cock with Anthropic to make custom AI hardware. The investment not stopping, boss!


UBS raises SK Hynix's PT to ₩3.2M

UBS raises SK Hynix's PT to ₩3.2M, naming a few catalysts that could extend the memory upcycle into 2027.


"Recent consolidation in share price should be short-lived"


Nicolas Gaudois believes HBM will continue representing a larger share of SK Hynix's DRAM mix, LTAs should improve earnings visibility, and higher ASPs could continue driving estimate revisions into 2027. It also expects shareholder returns to improve, with buybacks likely following the ADR listing.

With SK hynix's ADRs expected to begin trading on July 10, institutional investors seeking AI memory exposure will no longer be limited to Micron as the only straightforward U.S.-listed pure-play option. They'll be able to invest directly in the world's leading HBM producer.

That could lead some portfolio managers to rebalance their positions by trimming Micron and adding SK hynix—not because they're bearish on Micron, but simply to diversify their AI memory exposure across two industry leaders.

At the same time, SK hynix is looking to raise roughly $29 billion, with management indicating the proceeds will be used to:

Build new fabrication plants

Expand advanced HBM packaging capacity

Purchase more EUV lithography equipment

Increase AI memory production capacity

Over the long term, those investments should translate into:

Higher HBM supply

More DRAM output

Potentially lower memory prices as supply catches up with demand

That could eventually put pressure on Micron's margins. However, this is unlikely to become a major issue before 2027–2028, as semiconductor fabs take years to construct and ramp to full production.

For now, the outlook remains favorable. Even SK hynix has acknowledged that AI memory demand continues to outpace supply, with HBM shortages expected to persist for some time. In other words, while the long-term supply picture is improving, the industry is still operating in a supply-constrained environment that should continue to support pricing over the next few years.

The Bottom Line:

Don't shake legs and get scared because of one small correction. This one is just a "valuation reset"—like adjusting the fire on the stove. The AI race is changing; it's not just about buying GPUs anymore, it's about building the whole crispy plate. And who holds the flour and ghee for memory? SK Hynix and Samsung. They are going to make big, big money in the next round!

Modified in.07-04 11:22
SK Hynix Files for US Listing: Reprice or Bubble for HBM Sector?
SK Hynix has formally filed for a Nasdaq listing. As Nvidia's core HBM supplier and a key player in the DRAM triopoly alongside Micron and Samsung, SK Hynix's U.S. listing would give American investors their first direct bet on the AI memory supercycle's biggest beneficiary, adding a new valuation anchor to the red-hot storage sector. For now, U.S. investors seeking early exposure can only gain indirect access via 07709, Micron, or SanDisk. Will you position in the memory supply chain ahead of the listing, or wait for prospectus details before committing?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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