SK Hynix is trading 10% up now at β¬1155.00 as investors pile back into AI-exposed memory names and the company's newly listed Nasdaq ADR.
- The stock is benefiting from its leading position in high-bandwidth memory (HBM) used in Nvidiaβs AI platforms and a broader rebound in memory-chip stocks.
- Analysts have issued bullish commentary regarding a prolonged AI memory supercycle, further driving investor sentiment.
- Strong demand for the company's recent Nasdaq ADR listing has provided additional upward momentum for the shares.