Micron vs SK Hynix: Which AI chip stock will have more potential?
2026-08-19 23:05:05
According to CoinMeta, the stocks of Micron and SK Hynix are attracting attention from investors. The latest financial reports released by Micron show that revenue in the third fiscal quarter increased by 345.7% year-on-year, mainly due to the rapid growth of its HBM4. SK Hynix set a record in its financial reports denominated in Korean won and listed on NASDAQ, with a market value of $26.5 billion. Both companies trade on the same US exchange and are driven by the same AI capital expenditure cycle. Micron's revenue in the second quarter reached $41.456 billion, with a gross margin climbing to 84.6%. SK Hynix's revenue in the second quarter was 79.3 trillion Korean won, with an operating profit of 60.5 trillion Korean won. Analysts maintain a consistent buy rating for both companies; the target price for Micron is above $1,500, while the average target price for SK Hynix is $245.
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Source:Watcher.Guru
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