Seoul, Nov. 11 -- Global investment banks Morgan Stanley and Nomura have sharply differing views on the sustainability of the artificial intelligence (AI)-driven memory chip boom, with their price targets for South Korean chipmaker SK hynix differing nearly threefold amid contrasting expectations over supply and profitability beyond 2027, according to a news report by The Korea Herald.

Morgan Stanley cut its target price for SK hynix by 38 per cent to 1.6 million won (USD 1,198) and for Samsung Electronics by 19 per cent to 309,000 won (USD 231.62), citing the risk of rising chip supply and delays in data centre construction in 2028.

In contrast, Nomura retained its price targets at 4.7 million won (USD 3,521.62) for SK hynix and 670,00...