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Morgan Stanley warns of memory market winter; sparks criticism from South Korean semiconductor industry

Amy Fan, Taipei; Levi Li, DIGITIMES Asia Tuesday 24 September 2024 0

Credit: AFP

On September 15, Morgan Stanley issued a report dramatically reducing SK Hynix's target stock price by 54%, cutting it from KRW260,000 (approx. US$200) to KRW120,000. Simultaneously, the target stock price for Samsung Electronics was reduced by 27.6%,...

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