SK Group has decided to build a data center in Ulsan in collaboration with the world's largest cloud company, Amazon Web Services (AWS), which caused SK eternix to hit the upper limit of its daily price limit.
SK eternix's stock was traded at 27,700 won on the KOSPI market at 1:25 p.m. on the 23rd. The stock price rose 25.34% (5,600 won) compared to the previous trading day. During the trading session, it surged to 28,700 won, setting a new all-time high.
SK Group and AWS have agreed to establish a super-large AI-exclusive data center called "AWS Artificial Intelligence (AI) Zone" in Ulsan, which is expected to commence full-scale operations in 2027. SK Group and AWS also plan to collaborate in the fields of AI data centers, AI semiconductors, and AI solutions.
Securities firms have predicted that SK eternix's performance will begin to show significant results starting in 2026 due to projects such as the fuel cell business and the Sinanwoo offshore wind farm.
According to financial data firm FnGuide, securities firms forecast that SK eternix's revenue will nearly double from 346.7 billion won this year to 691.4 billion won by 2026. During the same period, operating profit is expected to increase from 44.1 billion won to approximately 72.2 billion won, a 63.7% rise.