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We recently published Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play. SK hynix Inc. (NASDAQ:SKHY) is one of the stocks discussed by Jim Cramer.

SK hynix Inc. (NASDAQ:SKHY) was the talk of the town last week as it listed its American Depository Receipts (ADRs) on the NASDAQ stock exchange. The firm is one of the hottest companies around, courtesy of the current AI infrastructure buildout. SK hynix Inc. (NASDAQ:SKHY) makes and sells advanced memory chips that are used in AI GPUs. As a result, the stock has rallied, with its Korea listed shares up by 626% over the past year and 222% year-to-date. On the NASDAQ, SK hynix Inc. (NASDAQ:SKHY)'s ADRs closed 12.7% higher on Friday. Ahead of the listing, Cramer simply remarked that the firm was more important than US memory company Micron when it came to its role in the industry. After the listing, he discussed SK hynix Inc. (NASDAQ:SKHY) in a series of tweets:

"SK Hynix, price it in hole. You do it up here hedge funds will buy it there and blast it here.. suboptimal

"The SK Hynix analysts should come out Monday with raised numbers to keep this thing tight.. I still don't like how the syndicate managers are so granular. But there are some good long only's in the mix.

"We get this SK Hynix out of the way successfully (underwriters gamed it better) then we have nothing left in terms of big supply unless a hyperscaler shocks us with a secondary"

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While we acknowledge the potential of SKHY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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