BlackRock Global Dividend Fund on SK Hynix
Thesis
SK Hynix benefited from strong demand for AI memory and favorable supply-demand conditions. Continued confidence in AI data-center investment supports the demand outlook for the company's memory products. BlackRock explicitly remained constructive on the fund's memory exposure, indicating that it continues to see supportive long-term industry and fundamental drivers despite changing market conditions.
“SK Hynix was supported by strong demand for AI memory, favorable supply and demand dynamics, and continued confidence in AI data center investment.”