SK Hynix Just Sent a Huge Warning to Micron Investors
Key takeaways
- Shares of Micron Technology (NASDAQ: MU) have climbed over 850% in the past year, while its Korean competitors SK Hynix and Samsung Electronics are up nearly 900% and 500%, respectively, in the same period.
- Now SK Hynix is making a move that should be a warning to Micron investors and the memory market in general.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Adam Levy, The Motley Fool Mon, June 29, 2026 at 5:50 PM GMT+7 4 min read 000660.KS MU 005930.KS Massive demand for memory chips for artificial intelligence (AI) training and inference has been a boon for the three major memory chipmakers. Shares of Micron Technology (NASDAQ: MU) have climbed over 850% in the past year, while its Korean competitors SK Hynix and Samsung Electronics are up nearly 900% and 500%, respectively, in the same period. All three have benefited from a massive supply/demand imbalance, which has allowed them to charge record-high prices for their products.
Now SK Hynix is making a move that should be a warning to Micron investors and the memory market in general. The company will list American depositary receipts on the Nasdaq stock exchange next month. The offer could raise over $29 billion. Here's why Micron investors need to pay attention.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »