Nomura thinks SK Hynix stock could jump by 270%.

Oct 20, 2026, 11:22 AM ETOpinionRead the original at Benzinga

Neutral

Nomura sees strong AI memory demand helping SK Hynix. Funding worries and the steep fourth-quarter sales jump needed for AI firms' 2026 target leave its outlook unchanged.

SKHY · SK Hynix Inc.

AI read · Neutral

The AI's read

The case for SK Hynix depends on AI demand staying strong. Nomura says investors may be overstating concerns about Chinese memory chips and AI firms. But the story also reports funding strain among newer computing providers, slower AI lab sales, and a 2026 sales goal requiring a sharp fourth-quarter rise. It offers no new SK Hynix results to resolve those competing signals.

MU · Micron Technology Inc.

AI read · Neutral

The connection

Micron is named only in a group of chipmakers whose cash rose. The story gives no Micron-specific results, so it does not change Micron's outlook.

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