Key insights
- A UK investor is considering investing in memory stocks, specifically Micron or SK Hynix, to capitalize on the AI-driven demand for HBM. The investor acknowledges Micron's recent surge and SK Hynix's potential US listing. The investor also considers the FLRK Korea ETF but is wary of its large Samsung position. The overall sentiment is cautiously bullish on the memory sector due to AI tailwinds.
Hello, I am based in the UK with a stocks ISA.
Thinking about putting money into a memory stock and wanted to know the community's thoughts to get some baseline ideas. At the moment, I am trying to decide between Micron and SK Hynix, but what are you thoughts when we have these hurdles to overcome?
- DRAM ETF is not available to UK investors on T212. - The SK Hynix (HY9H) gettex stock is not available for the T212 stocks ISA. - SK Hynix intend to list on the US stock market later this year (around summer)? - Micron stock is obviously simple to purchase, but it has had a huge run recently. SK Hynix has surged as well, but it seems not to Micron's level for now. - A lot of information reports that the AI buildout will require a lot of HBM memory, which apparently SK Hynix is superior for (for now at least). - Another option is the FLRK Korea ETF, but you must then deal with a large Samsung position, as well as the rest of the Korean market.
What are you thoughts? Do you think Micron goes even higher by the end of the year? Does it overtake SanDisk? Do you think a pullback is coming? What price do you think SK Hynix will enter the US market at?
I do have a large position in SMGB, which is doing great. Apparently that has a Micron position in it, but the numbers that the memory stocks are putting out are hard to ignore. Basically, I wish to decide which trough to engorge myself at.
Thanks