SK Group Chairman Chey Tae-won Responds to Stock Price Plummet: Avoid Frequent Trading, Long-Term Holding Is More Beneficial for Asset Preservation

TechFlow news, July 17, according to EToday, SK Group Chairman Chey Tae-won addressed the sharp plunge in SK Hynix's stock price at the Korea Chamber of Commerce and Industry Summer Forum today. He stated that despite the recent significant correction in SK Hynix's stock price, investors should not trade frequently but should hold stocks from a long-term perspective. With the continuous development of the artificial intelligence industry, storage demand will continue to grow.

Chey Tae-won stated, "AI is still like a 4-year-old child now, but will eventually grow into an adult. The market still needs massive memory support, and related demand will inevitably grow exponentially. Although unable to predict next month's stock price trend, do not buy and sell repeatedly; holding quietly is a better way to protect assets."