Nomura Doubles Samsung, SK Hynix Price Targets on Memory 'Supercycle' Thesis
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Nomura has doubled its price targets for Samsung and SK Hynix, citing a memory "supercycle" driven by trends such as artificial intelligence. Other outlets and analysts have also issued bullish calls on the companies, with some warning of a potential boom and bust cycle in memory stocks. The outlook for the memory chip market is uncertain, with some predicting a continued upswing and others cautioning against a potential downturn.
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