Morningstar analyst Jing Jie Yu said market uncertainty about potential capital spending by Samsung Electronics and SK Hynix may be pressuring their share prices. He estimates combined capex could reach about 2,000 trillion won over the next decade—roughly double Morningstar's current forecast—including SK Hynix’s planned AI data‑center investment, with pledged spending on the Yongin wafer‑fab cluster around 600 trillion won. Yu warned that if SK Hynix’s AI data‑center commitments are separate f

Morningstar analyst Jing Jie Yu said market uncertainty about potential capital spending by Samsung Electronics and SK Hynix may be pressuring their share prices. He estimates combined capex could reach about 2,000 trillion won over the next decade—roughly double Morningstar's current forecast—including SK Hynix’s planned AI data‑center investment, with pledged spending on the Yongin wafer‑fab cluster around 600 trillion won. Yu warned that if SK Hynix’s AI data‑center commitments are separate from its broader capex plans, the memory‑chip sector could face a material supply‑overhang risk because demand typically slows as a capex cycle matures.