Nomura Keeps Buy on Samsung, SK hynix, Sees Memory Shortage Through 2028
Nomura Securities predicts a memory chip shortage until 2028, citing strong demand from data centers. The bank maintains buy ratings on Samsung Electronics (005930.KS) and SK hynix (000660.KS), setting target prices of 670,000 won and 4.7 million won, respectively. Nomura expects combined net cash of nine chip companies, including these two, to grow to $2 trillion by 2028.
How this was made
The 30-second read
Why it matters
The report offers fresh guidance and targets, which can shift investor expectations and affect stock prices.
Market read
Analyst targets for two major memory chip makers could influence sector sentiment and related equities.
What to watch
Potential regulatory or geopolitical risks to Korean chipmakers are not addressed.
Background
Nomura's research note projects a continued memory shortage through 2028 and provides new price targets for Samsung and SK hynix.
Ticker impact
Nomura maintains a Buy rating on Samsung Electronics and sets a target price of 670,000 won, indicating a positive outlook for the stock.
likely upward pressure as investors price in the higher target
Analyst target above current price typically drives buying interest.
Nomura maintains a Buy rating on SK hynix and sets a target price of 4.7 million won, indicating a positive outlook for the stock.
likely upward pressure as investors price in the higher target
Analyst target above current price typically drives buying interest.
Market effects
Positive outlook for memory chip sector may lift peers.
South Korean equities could see modest gains.
Memory shortage outlook influences global AI and data‑center supply chains.
Counterpoint
If memory demand softens faster than expected, targets may be overly optimistic.
Key entities
- Research FirmNomura Securities
Provider of the analyst report and target prices.
- CompanySamsung Electronics
Subject of the Buy rating and target price.
- CompanySK hynix
Subject of the Buy rating and target price.
