Topic
Latest news and analysis on “SK hynix”.
Seoul's tech sector spearheaded gains across Asian stocks as traders reacted positively to slowing US inflation, easing fears of imminent Federal Reserve rate hikes.
South Korea's SK hynix announces an unprecedented 1,242% year-on-year increase in second-quarter net profit, fueled by skyrocketing demand for AI chips.
South Korea's Kospi stock index experienced a significant drop of over five percent on Monday morning, driven by heavy selling in the tech sector.
South Korea's Kospi led gains across most Asian markets as SK hynix's record-breaking US share sale rekindled the tech sector.
South Korean chip giant SK hynix has successfully raised $26.5 billion in its US listing, capitalizing on the AI boom.
SK hynix, a leading South Korean chip manufacturer, is poised to set the price for its significant US stock listing, aiming to raise up to $28 billion.
Samsung Electronics anticipates a staggering 1,800% increase in second-quarter operating profit, driven by soaring demand for AI-related memory chips.
Asian stocks rose on Friday as tech firms enjoyed a respite from heavy selling, driven by weaker-than-expected US jobs data that eased concerns over a Federal Reserve interest rate hike.
