Not Nvidia. This Chip Stock Has More Upside, According to Wall Street.

Wall Street analysts believe SK Hynix, a major memory manufacturer, has greater upside potential than Nvidia over the next year. SK Hynix's 12-month price target suggests 82% upside compared to Nvidia's 52%, driven by explosive growth in high-bandwidth memory (HBM) demand. SK Hynix is growing faster than Nvidia with a 257% YoY revenue increase and trades at a cheaper valuation, positioning it to benefit from the projected $641 billion HBM market by 2030.