SK Group Chairman Urges Long-Term Holding Amid SK Hynix Volatility
2026-07-17 17:25

Woofun AI reports that SK Group Chairman Chey Tae-won addressed the recent decline in SK Hynix shares, advising investors to avoid frequent trading in favor of long-term holding for asset preservation. He acknowledged the unpredictability of short-term stock trends but emphasized that AI-driven memory demand is expanding exponentially, comparing the industry's current stage to a "4-year-old child" maturing into a robust sector. Tae-won noted that previous rapid price surges often require adjustments to align with market realities when expectations shift.

Regarding national strategy, he stated that South Korea should not compete directly with China on cost or the US on model quality. Instead, the focus should remain on infrastructure development, domestic applications, and niche markets. The long-term goal involves transitioning from exporting memory chips to exporting computing power and intelligence.

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Chey Tae-won
SK Group
SK Hynix
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