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SK Hynix Stock Jumps Nearly 6% After First 100 Trillion Won Quarter

SK Hynix Stock Jumps Nearly 6% After First 100 Trillion Won Quarter

Photo: BeInCrypto

SK Hynix stock rose 5.67% from Tuesday’s close to 1.417 million won in early Seoul trading on Wednesday. The chipmaker had posted record quarterly sales of 104.6 trillion won ($78.9 billion) and forecast memory shortages through 2030. That outlook runs against how investors had been pricing chip stocks. Goldman Sachs estimated that Korean chip valuations

Also reported by Coinotag.

Source: BeInCrypto

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