SK Hynix is trading 3.28% up at $171.10 as Asian memory stocks rally after SanDisk’s August 13 Investor Day disclosures.
- SanDisk projected mid-to-high double-digit revenue growth through fiscal 2030, supported by $94 billion in long-term pricing agreements, strengthening memory-sector sentiment.
- Sustained AI-related DRAM and HBM demand is also benefiting SK Hynix.
- The rebound follows gains of 7.29% on August 13 and 9.01% on August 12; no new company-specific catalyst was identified for August 14.