SK Hynix is trading 3.27% up at $1265 after Nvidia’s August 26 earnings beat and upbeat outlook lifted expectations for sustained AI-driven demand for HBM and DRAM memory.
- Nvidia reported $96.22 billion in fiscal second-quarter revenue and forecast 70% growth next fiscal year.
- Sentiment strengthened across South Korean chip stocks, while the broader market was largely flat, suggesting a primarily sector-driven move.
- Trading is closed; no additional company-specific announcement was identified for August 27.