SK Hynix is trading 7.5% up at $164.75 following a bullish Morgan Stanley report that characterized the recent sector pullback as a prime buying opportunity.

  • Morgan Stanley highlighted a prolonged global memory shortage, driving a sharp rebound in memory-chip stocks.
  • The move tracks a wider rally in DRAM and AI-related semiconductors as investors rotate back into the space on expectations of sustained AI demand and stronger pricing.