SK Hynix is trading 3.1% up at €998.00 as the stock extends its rebound from last week’s sharp KOSPI-driven semiconductor selloff.
- The stock is recovering from a drop of more than 8% seen when the KOSPI plunged 5.12% amid profit-taking and broader AI valuation concerns.
- The latest move is characterized as an ongoing recovery in a volatile memory-chip trade rather than a reaction to fresh company-specific news.
- SK Hynix and peer Samsung Electronics are both seeing upward momentum as the market stabilizes following the recent semiconductor sector correction.