SK Hynix is trading at $131.04 (+3.4%) as traders tentatively buy after an earnings-driven slump that hit memory-chip stocks earlier this week.
- The recovery follows a sharp 11β15% slide in shares triggered by a recent earnings miss and a broader DRAM sector selloff.
- Market sentiment is stabilizing today, supported by a stronger backdrop in global index futures.
- Investors are re-evaluating positions after the significant volatility seen in the semiconductor space over the past few trading sessions.