Browsing: Hynix

Shares of SK Hynix surged over 12% in Seoul on Thursday after the company announced a massive stock buyback

SK Hynix (NASDAQ: SKHY) stock enjoyed a strong rally this week, with its share price rising 20.6% across the stretch. The S&P 500 rose 1.2% over the period, and the Nasdaq Composite gained 1.7%

Asian technology stocks fell Thursday, tracking U.S. peers that pulled back in overnight trading, underscoring the heightened volatility in tech names globally

South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending

What happened: Semiconductor stocks fell on Tuesday, with the PHLX Semiconductor Index (^SOX) falling more than 3% as investors continued to unwind positions in one of the market’s hottest AI-driven sectors this year

SEOUL, July 28 (Reuters) – South Korean chip stocks slumped on Tuesday, with Samsung Electronics and SK Hynix falling as much as ‌9.5% and 10.9%, respectively, as investors dumped AI-related bets amid mounting concerns ‌over financing risks tied to AI infrastructure spending and intensifying competition from China

SK Hynix is one of the most important memory manufacturers in the world. It enjoys a healthy market share in the dynamic random-access memory (DRAM) and NAND flash markets, which is why the CEO’s latest comments suggest the memory supercycle is here to stay

Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week

SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week

What happened:Chip stocks retreated on Monday as US-listed shares of South Korean memory maker SK Hynix (SKHY) declined 6%