Shawn Kim

Long-term DRAM operating margin assumptions for the two companies were sharply lowered to historical average levels.

두 회사의 장기 DRAM 영업이익률 가정을 역사적 평균 수준으로 크게 낮췄음

Four pressures overlap: new production capacity coming online at the end of 2027, delayed data center construction, shrinking HBM premium, and NAND spot prices plunging about 20% in two weeks.

2027년 말 신규 생산능력 가동, 데이터센터 건설 지연, HBM 프리미엄 축소, NAND 현물가격의 2주간 약 20% 급락 등 4가지 압력이 겹치면서

The industry will face an 'earnings cliff' in 2028.

그는 2028년 업계가 ‘이익 절벽’에 직면할 것이라고 경고

Samsung Electronics' target price was cut by 19%.

Samsung Electronics 목표주가는 19% 크게 낮췄음

SK hynix's target price was cut by 38%.

SK hynix 목표주가는 38%

Shawn Kim downgraded target prices across memory stocks.

Shawn Kim은 메모리주 목표주가를 전면 하향 조정했