🟢 SK Hynix is trading 5.8% up today on reported $750B AI chip deal and sector rally

SK Hynix is trading 5.8% up at $163.46 in pre-market after announcing a massive long-term AI memory chip supply agreement reportedly worth around $750 billion over five years.

• The deal underscores significant investor optimism regarding sustained AI demand and the company's leadership in the memory market.
• Sentiment is further bolstered by a rally in DRAM peers following CXMT’s blockbuster IPO and a new AI alliance between major Korean and U.S. tech firms.