0421 GMT - SK Hynix could see stronger-than-expected memory chip prices in 2Q, Nomura's C.W. Chung and Eon Hwang say. The prices of its DRAM and NAND, the two main memory-chip products, are expected to jump 51% and 50%, respectively, on quarter in the April-June period--beating Nomura's earlier projections of 6% and 20% growth, the analysts write in a research note. They raise their annual operating-profit forecasts for the company by 36% to 256 trillion won for 2026 and by 37% to 365 trillion won for 2027, citing strong demand from major technology companies amid the artificial intelligence boom. Supply is unlikely to catch up with demand until early 2028, they add. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
March 24, 2026 00:21 ET (04:21 GMT)
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