Supply chain checks suggest the market may be massively underestimating HBM4 pricing power.
HBM4 is around $15/GB this year.
For 2027, checks point to potential pricing of $60/GB.
That is not a normal memory upcycle. That is a 4x pricing reset in one of the most constrained components of AI infrastructure.
If this plays out, SK hynix remains my highest-conviction HBM exposure: strongest HBM positioning, highest exposure, best customer alignment.
Not financial advice.
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sk# hynix