SK Hynix is now live on the OKX Wallet, with 0 gas fee transactions Issuance price: $149, first-day closing price: $168.01, a 21.68% premium compared to the Korean stock. Where will it go next? Short-term: With 7x oversubscription and a flood of hot money driving the price up, there’s pressure for short-term profit-taking. Coupled with the linkage to Micron and the Philadelphia Semiconductor Index, there’s a risk of a pullback. Mid-term: Fundamentals will gradually take over. Inclusion in the Philadelphia Semiconductor Index/Nasdaq-related ETFs in September will bring in massive passive inflows, likely pushing the price past $200. Long-term: The risk lies in the cyclical nature of the entire AI sector. If overcapacity emerges, we could see a 20%-30% temporary correction. #USStocks