RBC Capital initiated SK Hynix at Outperform with a $200 target as Seagate posted record fiscal 2026 free cash flow of $3.1 billion. SanDisk and SK Hynix unveiled the first High Bandwidth Flash industry standard, a blueprint that could expand the AI memory addressable market across chip vendors. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Micron Technology shares are up 6% to $880, and SK Hynix (NASDAQ:SKHY) shares are climbing 4% to $148. HBF Standard and SK Hynix Upgrades Fuel the BidThe immediate catalyst is a joint announcement from SanDisk and SK Hynix.