SK Hynix shares rally 7% to a record high, beating Samsung's 2.5% gain

SK Hynix surged more than 7% to a record high after Intel's earnings revived expectations for AI-driven chip demand. The move highlights continued investor enthusiasm for semiconductor suppliers tied to artificial intelligence, with the stock benefiting from stronger sentiment across the AI hardware chain.

Analysis

SK Hynix surged more than 7% to a record high after Intel's earnings revived expectations for AI-driven chip demand. The move highlights continued investor enthusiasm for semiconductor suppliers tied to artificial intelligence, with the stock benefiting from stronger sentiment across the AI hardware chain.