Jim Cramer Flags SK Hynix ADR Listing as Key Supply Issue

Price Action
โดย Insider Monkey·Read original
Summary · why it matters

Jim Cramer highlighted the supply dynamics of SK hynix's newly listed American Depositary Receipts on NASDAQ as a key market concern. SK hynix, a major supplier of advanced memory chips for AI GPUs, saw its ADRs close 12.7% higher on their first day of trading, while its Korea-listed shares have surged 626% over the past year and 222% year-to-date. Cramer noted the firm is more important than US memory company Micron in its industry role and urged analysts to raise numbers to keep the stock tight. He also remarked that once this offering is absorbed, there would be no remaining big supply unless a hyperscaler surprises with a secondary.

Impact on stocks 2

Semiconductors · 2 stocks