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SK hynix Inc. (SKHY) Stock: Shares Drop as Chipmaker Bets 54 Trillion Won on HBM and NAND Growth

By Yasmin Werner at 2026-10-04 11:04

Sentiment: Positive

TLDR SK hynix shares dropped 5.84% to $135.15 after approving 54 trillion won in new fabs. Yongin Y2 will expand HBM and DRAM capacity with production targeted for 2029. Cheongju M17 will add NAND capacity as enterprise SSD demand continues to accelerate. SK hynix sees DRAM and NAND demand growing 19% annually through the year [...] The post SK hynix Inc. (SKHY) Stock: Shares Drop as Chipmaker Bets 54 Trillion Won on HBM and NAND Growth appeared first on CoinCentral. Continue reading...

Categories: Stocks

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