SK Hynix has surged 250% this year. Analysts say the AI-fueled rally may be only halfway done
CNBC Top News ·
SK Hynix's blistering rally may still have room to run even after the South Korean memory-chip giant surged more than 250% this year on booming artificial intelligence demand, analysts said. …
SK Hynix's blistering rally may still have room to run even after the South Korean memory-chip giant surged more than 250% this year on booming artificial intelligence demand, analysts said. The stock's sharp rise propelled SK Hynix's market capitalization above $1 trillion as investors piled into companies seen as key beneficiaries of the global scramble for high-bandwidth memory chips used in AI servers. …
Original source: CNBC Top News