SK Hynix Hits Record High on Intel-Driven AI Chip Demand Surge
SK Hynix soared 7% to an all-time high Monday as Intel's earnings reignited semiconductor demand optimism. The South Korean memory chipmaker, a key Nvidia supplier, outpaced rival Samsung Electronics' 2.5% gain amid looming strike concerns.
Intel's results served as the catalyst, with its AI-related performance sparking sector-wide momentum. SK Hynix's milestone underscores its entrenched position in the AI supply chain, while Samsung's advance remained constrained by labor uncertainty.
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