SK Telecom Expected to Lead Data Center Market Growth

NH Investment & Securities has upgraded its rating for SK Telecom to ‘buy’ with a target price of 125,000 won, citing the company’s potential to lead the growth of the data center market. The research firm notes that the growth of the data center market is expected to be driven by the increasing adoption of 5G technology and the development of large-scale AI data centers by SK Horizon and SK Hyper.

The research firm also notes that the growth of the data center market is expected to be driven by the increasing adoption of 5G technology and the development of large-scale AI data centers by SK Horizon and SK Hyper.