News linked to both this project and an event.
According to TechFlow, a Morgan Stanley research report dated October 13, 2026 shows that for the week ended October 9, U.S. internet stocks rose by approximately 2% on a market-cap weighted basis. The sector's forward 12-month EV/EBITDA stands at approximately 12.6x, representing a discount of roughly 7% and 16% against the five-year and ten-year averages, respectively. Morgan Stanley rates the North American internet sector as "attractive," although valuations among top companies remain inconsistent. Amazon and Meta trade at approximately 13% and 10% below their respective two-year averages, while Alphabet trades at a premium of about 4%. The report further estimates that treating stock-based compensation as cash expenses leads to median increases in expected 2026 EV/EBITDA of approximately 26% for e-commerce companies and 38% for digital media companies, indicating that equity compensation costs significantly influence valuation outcomes.
According to Korean media Etoday, Korean securities firms have shown significant divergence in their assessments of SK Hynix's prospects, with the core divergence centering on whether AI storage demand can drive long-term growth. KB Securities maintains a "Buy" rating for SK Hynix. Based on the case of TSMC's ADR issuance in the US in 1997, it judges that SK Hynix's ADR listing will boost global investor participation and is expected to drive a synchronized revaluation of ADRs and Korean domestic shares. KB Securities also expects that in 2027, global DRAM and NAND wafer capacity growth rates will be only 7% and 4% respectively, lower than demand growth rates of 17% and 19%, and the tight memory supply situation may intensify further compared to 2026. BNK Investment & Securities, however, believes that the logic of hyperscale cloud service providers continuously increasing AI infrastructure investment is weakening, and the ADR listing will not significantly alter SK Hynix's domestic share valuation.