International oil prices fell for three consecutive days as the United States continued its stance of suspending strikes on Iran and the possibility of resuming dialogue between the two sides was raised. With geopolitical tensions easing, the trend of funds moving toward risk assets is becoming more pronounced.

Amid these market trends, attention in the domestic stock market is focusing on SK Hynix. SK Hynix is scheduled to release its second-quarter earnings for 2026 on the 29th. Having undergone a stock price correction of more than 30% over the past month, the key focal point is whether this earnings announcement could serve as a catalyst for a rebound.

The background of the stock price correction includes valuation burdens and peak growth concerns that have spread across AI (artificial intelligence)-related stocks in general. Since the surge following its Nasdaq listing was reversed by profit-taking sell-offs and capital outflows from leveraged products, selling pressure below short-term and medium-term moving averages has persisted.

However, there are also assessments that the fundamental demand driver of AI infrastructure expansion remains valid. Earnings forecasts are at levels high enough to render such concerns meaningless. Based on a compilation of forecasts from 14 securities firms, second-quarter revenue is estimated at approximately 84 trillion won and operating profit at around 64 trillion won.

The core pillar of strong performance is high bandwidth memory (HBM). With analyses suggesting that the proportion of sales to global big tech and data center companies has increased to around 70% of the total, the product mix reorganized around high-margin products is evaluated to have established a structure that drives profitability.

[This article was written with the assistance of AI. Investors need to approach cautiously while checking subsequent information such as additional disclosures or earnings announcements. This article is only a reference for investment decisions and does not recommend buying or selling any specific stock.]