SK Hynix is trading at €1060.00 (+10.88%) as investors step in to buy the dip following a sharp selloff triggered by recent earnings results.
- The move is characterized as a technical rebound from the market's initial reaction to financial results rather than a fresh company announcement.
- Broader sector strength is providing a tailwind, with DRAM and memory-chip stocks rallying on record earnings and bullish AI demand expectations.