Morningstar: Uncertainty over potential capital expenditure of Samsung and SK Hynix may weigh on their stock prices

Odaily Planet Daily News Morningstar analyst Jing Jie Yu stated that market uncertainty regarding the potential capital expenditure of Samsung Electronics and SK Hynix may be weighing on their stock prices. He pointed out that the combined capital expenditure of these two companies over the next decade could reach approximately 2,000 trillion won, nearly double Morningstar's current forecast. This may include SK Hynix's plan to invest in AI data centers, with its committed investment in the Yongin wafer cluster expected to reach 600 trillion won.

The analyst noted that if SK Hynix's commitment to investing in AI data centers constitutes two separate investments from its potential capital expenditure plan, memory chip manufacturers will face a clear risk of oversupply, as market demand typically slows when the capital expenditure cycle enters its final phase. (Jinshi)