SK Hynix is trading at €878.00 (5.6% up) as investors buy the dip following an earnings-driven tumble and sector-wide memory chip selloff.
- Sentiment is stabilizing after record profits initially missed lofty expectations and worries about rising Chinese competition spooked the DRAM/NAND space.
- Today’s move is viewed as a partial recovery from the sharp post-earnings decline rather than a fresh catalyst-driven rally.