Chip stocks wobble, but analysts raise targets for Samsung, SK hynix

Even as geopolitical tensions in the Middle East weigh on equity markets worldwide, brokerages at home and abroad are raising their price targets for South Korea’s two largest chipmakers, Samsung Electronics and SK hynix, betting that booming demand for artificial intelligence memory chips will drive strong earnings growth. Semiconductor stocks have been more volatile than the benchmark Kospi this month, with investor sentiment shaken by US-Israeli strikes on Iran. Heavy foreign selling has drag

By The Korea Herald