SK Hynix is trading at $160.92 (6.5% up) after a sharp rebound in memory-chip stocks, supported by a bullish Morgan Stanley report calling the recent sector pullback a buying opportunity.
- Morgan Stanley analysts forecast a prolonged global memory shortage, boosting sentiment across the semiconductor sector.
- Investors are rotating back into leading DRAM names as confidence in High Bandwidth Memory (HBM) and AI infrastructure demand remains robust.
- The recovery follows recent volatility linked to the companyβs blockbuster U.S. listing and rapid AI-driven growth.