SK Hynix Shares Hit Record High on Strong AI Demand
SK Hynix shares rose over 7 percent Monday following Intel earnings that boosted AI demand expectations. The firm outperformed Samsung as labor risks loom.
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Shares of SK HYNIX INC surged more than 7% to reach a new record high on Monday, fueled by renewed optimism regarding global demand for artificial intelligence infrastructure. The rally in the South Korea semiconductor giant followed positive earnings data from the United States chipmaker INTEL CORP, which served as a catalyst for the broader technology sector.
