SK hynix Inc. is trading 6% up at $1675.00 as investors rotate into leading AI memory chip names following its recent trillion-dollar valuation milestone and sharp multi-day rally.
- The move extends strong gains from mid-June, supported by enthusiasm for the company's dominant position in high-bandwidth memory (HBM) for AI data centers.
- Despite the upward momentum, some market commentators have cautioned regarding elevated expectations and potential volatility surrounding the AI chip cycle.