SK Hynix Q2 Operating Profit Forecast Cut 12% to 62.3 Trillion Won

SK Hynix-5.20%
According to Mirae Asset Securities, on July 14, the brokerage cut its operating profit forecast for SK Hynix's second quarter to 62.3 trillion Korean won from 70.7 trillion won, a 12% downward revision. The adjustment was driven by lower memory chip prices, with DRAM average selling prices (ASP) lowered 8% and NAND ASP cut 5%.
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