🟢 SK hynix Inc. is trading 3.3% up today on optimism over its 5-year AI memory expansion goal

SK hynix Inc. is trading 3.3% up at €1430.00 as investors reassess the company's aggressive expansion plans unveiled at Computex.

• The company recently announced a goal to double memory wafer capacity over five years to meet booming AI-related demand.
• Today’s move suggests renewed optimism that this long-term capacity build-out will drive earnings growth, despite near-term capital expenditure and pricing concerns.