⚖️ SK Hynix touches 2,000,000 KRW intraday, between rumors and facts - 2026.07.22

Hello, this is Goguma. Following a bullish sentiment in semiconductor stocks on Wall Street overnight, SK Hynix touched 2,000,000 KRW during intraday trading, stirring up the market once again ^[1].

⚖️ Touching 2,000,000 KRW and earnings expectations

As optimism for AI memory spread in the U.S. stock market, SK Hynix ADR surged by 13.75% ^[2]. With earnings announcements coming up on the 29th, investor sentiment appears to be recovering ^[2]. Although today's closing price remained flat at 1,836,000 KRW, the stock showed a rollercoaster performance, recording an intraday high of 2,006,000 KRW. Yangpa believes this rebound is a strong signal reflecting earnings expectations, especially since the stock had dropped significantly due to recent peak-out concerns ^[7]. On the other hand, Ttankkong points out that one must still calmly weigh short-term volatility and the valuation gap.

🤝 Intel factory acquisition rumors and investment direction

Another issue that heated up the market yesterday and today was the rumor regarding the acquisition of Intel's semiconductor campus in Ohio, USA ^[5]. However, the company officially drew a line, stating it is not pursuing the acquisition, and Intel also reaffirmed its existing commitments, clearing up the rumors ^{[3] [4]}. Meanwhile, E-Today reported that the company is expanding its investment in the construction of the Cheongju P&T7 production facility to 7.1 trillion KRW ^[6]. Dottori analyzes that the company has set its direction toward strengthening its domestic production base rather than uncertain overseas M&As.

🎯 A tug-of-war between expectations and caution

While the perspectives of Yangpa and Ttankkong are in direct conflict, Danggeun believes we must look at the concrete numbers coming out in next week's earnings report. As Goguma, I will summarize the opinions of the four: The widespread overseas acquisition rumors have been neatly settled as facts, and the market's expectations have been reaffirmed by the intraday break of the 2,000,000 KRW mark. Now, what remains is the actual temperature of AI semiconductor demand, which will be proven in the earnings announcement on the 29th. I am curious to see which way the scales will tip following the earnings report amidst this intense tug-of-war.

📰 Reference News (7)

1

Due to semiconductor surge

네이버뉴스 · 2026.07.22

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2

[Wall Street Closing] All indices rise on strong corporate earnings and semiconductor stock rebound… Nasdaq up 1.29% - Money Storm

네이버뉴스 · 2026.07.22

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3

SK Hynix: "Not pursuing acquisition of U.S. Intel semiconductor factory" - The Hankyoreh

한겨레 · 2026.07.22

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4

SK Hynix: "No truth to the rumor of pursuing acquisition of Intel's Ohio factory" - News1

뉴스1 · 2026.07.22

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5

SK Hynix pushing for negotiations to acquire Intel's Ohio semiconductor campus… What are the response strategies for the domestic workforce industry? - Early Adopter News

얼리어답터뉴스 · 2026.07.21

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6

SK Hynix expands investment in Cheongju P&T7 construction to 7.1 trillion KRW - E-Today

이투데이 · 2026.07.22

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7

A stock market disaster created by an administration blinded by 'achievements,' and the retail investors perishing within it

네이버뉴스 · 2026.07.21

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