Lee Sang-hyun

SK Hynix is in a confirmed uptrend with momentum intact. After a sharp dip on macro fears, the stock broke out of consolidation, supported by record semiconductor exports (June prelim data at $11.1B, +206% YoY), strong HBM3 sell-out through 2027, and HBM4 closing the gap. Historical cycles show stock prices peak more than a year after earnings momentum peaks; current earnings revision is still upward. The Fed and war uncertainties are clearing, and Micron earnings next week can add further catalysts. A disciplined trend-following entry point occurred this week on the breakout, and the position is currently held with a stop-loss trigger.

HVM is an official special materials supplier for SpaceX; backlog turned to growth in Q1, and the stock previously surged on SpaceX test flight news. As a small-cap with a 1.3 trillion won market cap, it could rally strongly on continued SpaceX momentum.