SK海力士是强力买入标的，因其估值低（2027年市盈率3.6倍）、在HBM领域市场领先，并与英伟达等关键客户关系密切。
逐段跳播
但SK海力士在全球高带宽内存市场份额方面是个猛兽。绝对的领导者，占有58%的份额。
but SK Hynix is a beast when it comes to global high band- high bandwidth memory market share. Absolute leader running at 58%.
SK海力士，0.89万亿。SK海力士2026年盈利的市盈率为4.9倍。但SK海力士甚至更便宜。快进到2027年盈利，SK海力士的市盈率将是盈利的3.6倍。极其便宜。
SK Hynix, 0.89 trillion. The PE on 2026 earnings 4.9x for SK Hynix, but SK Hynix is even cheaper. And fast forwarding to 2027 earnings, the PE for SK Hynix will be 3.6 times earnings. Insanely cheap.
我计算出SK海力士隐含的12个月上涨空间为86%。
I calculate 86% implied 12-month upside on SK Hynix,
SK海力士，53%。谁来做内存？答案是像美光和SK海力士这样的公司，等等。
SK Hynix, 53%. And who gets to build the memory? The answer is companies like Micron and SK Hynix, etc.
SK海力士，这个相比我的计算更保守，只有55%的上涨空间，248。这个东西今天交易价格大约在156。更低。现在，还要记住SKHY是纳斯达克上的ADR。
SK Hynix, this one is more conservative compared to my calculations, only a 55% upside, 248. This thing is trading at about 156 today. Lower. Now, remember as well SKHY is the ADR on NASDAQ.
SK海力士在韩国证券交易所有自己的上市。SK海力士在纳斯达克有一个ADR。而且有时价格会有一点差异。所以，如果美国白天有重大突发新闻，内存股可能会飙升。那会影响像SKHY这样的ADR。
SK Hynix have their own listing on the Korean Stock Exchange. The SK Hynix has an ADR listed in NASDAQ. And there is sometimes a little delta in price. So, if there is a big breaking news in the US during the day, the memory stocks can skyrocket. That will impact things like the ADR SKHY.
现在，SK海力士的图表。这是韩国的SK海力士，股票代码在上面是000600。巨大的公司。趋势也是向下的。你有买入信号吗？同样的事情。它正在从第三级反弹。这个比三星或美光更超卖。
Now, SK Hynix chart. This is the Korean SK Hynix the ticker is up above 000600. Massive company. The trend also down. Do you have a buy signal? Same thing. It's bouncing off level three. This one is more oversold than Samsung or Micron.
首先，在我看来，SK海力士现在，在当前价格下，考虑到它大部分已经抛售，考虑到他们拥有58%的高带宽内存份额，HBM内存的需求是AI的瓶颈，而英伟达Rubin HBM4供应估计的60%到70%是给英伟达的。
所以，然后市盈率是2027年盈利的3.6倍。那绝对是疯狂地便宜，我的朋友们。
First of all, in my humble opinion, SK Hynix right now, at the current prices, considering it's mostly sold off, considering they have 58% high bandwidth memory share, the demand for HBM memory is the bottleneck for AI, and 60 to 70% of Nvidia Rubin HBM4 supplied estimate is is for Nvidia. So, and then the PE ratio is 3.6 times 2027 earnings. That is absolutely bonkers cheap, my friends.
而且他们正在敲SK海力士和美光的门。而且他们受到限制。知道这一点非常重要。
And they're knocking on SK Hynix and Micron. And they're constrained. Very important to know.
但如果要押注未来几年哪匹马跑得更快，我认为是SK海力士，好吗？原因有很多：严重超卖，市盈率最低，增长率最高。他们有大客户如英伟达，会从中获益良多，等等。
But if I was to bet which would be the faster horse for the next couple of years, I think SK Hynix, okay? For a number of reasons, very oversold, the PE ratio is the lowest, the growth rate is the highest. They have big good customers like Nvidia that they're going to be doing very well from, etc.
所以，对我来说，目前最清晰的布局是SK海力士。但明天一切都可能改变。例如，如果美光跌至500美元或600美元，所有这些计算都会改变。这非常重要。因为它几乎和海力士一样便宜。
So, for me, the cleanest setup is SK Hynix today. That could all change tomorrow. If, for example, Micron falls to $500 or $600, all this calculus changes. Very important. because it's almost as cheap as Hynix.
截至今天，我买入了SK海力士。
as of today, I bought SK Hynix today,
他说在等什么
这个频道对 $HXSCL 的历次判断
InvestAnswers 在这只股票上只有这一条判断。