Samsung, SK hynix price targets diverge nearly threefold over AI outlook

What happened: Morgan Stanley cut its SK hynix price target by 38 percent and Samsung Electronics' by 19 percent, citing chip supply growth and delayed data center construction in 2028. Nomura kept its targets, leaving the two banks nearly threefold apart. Key numbers: SK hynix target 1.6 million won ($1,198) at Morgan Stanley versus 4.7 million won at Nomura. Why it matters: The banks disagree on whether memory shortages persist past 2027. Morgan Stanley retained overweight ratings on both chipmakers and named Samsung its preferred semiconductor stock.

Morgan Stanley cut its SK hynix price target by 38 percent and Samsung Electronics' by 19 percent, citing chip supply growth and delayed data center construction in 2028. Nomura kept its targets, leaving the two banks nearly threefold apart.

The banks disagree on whether memory shortages persist past 2027. Morgan Stanley retained overweight ratings on both chipmakers and named Samsung its preferred semiconductor stock.