LS Securities gave an opinion on SK Hynix: The profitability of high-bandwidth memory next year will be difficult to meet previous expectations, so the target price was lowered from 3.3 million won to 2.4 million won. Previously, LS Securities expected SK Hynix's HBM operating margin to reach up to 80% next year, but after industry research, it was discovered that next year's operating profit margin may remain around 60%, which is close to this year's. LS Securities judged that Samsung Electronics' share of HBM4 shipments improved at the same time as yield, and the rate of profit improvement is expected to accelerate, raising the target share price to 450,000 won. The agency estimates that among Samsung Electronics' HBM products, the share of HBM4 shipments jumped from about 5% in the first quarter of this year to about 35% in the second quarter; yield increased by more than 5 percentage points during the same period. According to the research report, the “HBM shortcoming” that dragged down valuation in the past is gradually being eliminated.

LS Securities gave an opinion on SK Hynix: The profitability of high-bandwidth memory next year will be difficult to meet previous expectations, so the target price was lowered from 3.3 million won to 2.4 million won. Previously, LS Securities expected SK Hynix's HBM operating margin to reach up to 80% next year, but after industry research, it was discovered that next year's operating profit margin may remain around 60%, which is close to this year's. LS Securities judged that Samsung Electronics' share of HBM4 shipments improved at the same time as yield, and the rate of profit improvement is expected to accelerate, raising the target share price to 450,000 won. The agency estimates that among Samsung Electronics' HBM products, the share of HBM4 shipments jumped from about 5% in the first quarter of this year to about 35% in the second quarter; yield increased by more than 5 percentage points during the same period. According to the research report, the “HBM shortcoming” that dragged down valuation in the past is gradually being eliminated.