SK Hynix stock jumps 5.9% on AI demand hopes and activist investor stake

uk.investing.com —

SK Hynix stock surged 5.9% to ₩1,294,500 on Wednesday, recovering from recent losses driven by AI spending concerns, after Super Micro Computer's earnings surprise boosted confidence in AI server demand. The company also received support from activist fund Align Partners, which disclosed a 1.5% stake and argued SK Hynix's value is discounted through the group's holding structure. Domestic analysts said valuations already price in a 2028 memory downcycle that hasn't occurred. The KOSPI's sharp rise triggered a buy-side sidecar, the first since late August, while easing oil prices and stabilized U.S. Treasury yields encouraged investors to buy oversold positions.


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SK Hynix stock jumps 5.9% on AI demand hopes and activist investor stake | News Minimalist