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Relative Valuation / Semiconductor Memory confidence 71/100

SK Hynix Trades at 17% P/E Discount to Micron Despite Leading HBM Market

LSEG data shows SK Hynix at ~5.8x forward P/E vs Micron's ~7.0x — a potentially anomalous gap given Hynix's status as Nvidia's primary HBM supplier, though Korea-listing and currency factors partly explain the spread.

ndtv-profit-business · 7/10/2026, 3:01:50 PM · Ask about this →