Nomura keeps bullish targets on Samsung and SK hynix amid memory shortage

Nomura reiterated target prices of 670,000 won for Samsung Electronics and 4,700,000 won for SK hynix with a Buy rating. The bank expects the memory supply shortage to persist until at least 2028, with new global data center capacity rising from 22.3 GW this year to 31.5 GW next year.

• Target prices held at 670,000 won for Samsung and 4,700,000 won for SK hynix
• New data center capacity seen at 22.3 GW in 2026 and 31.5 GW in 2027
• Combined OpenAI and Anthropic revenue rose about 507% year over year in Q3
• Combined net cash of nine chipmakers reached $282 billion