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SK Hynix rises 5% as brokerages launch coverage with bullish ratings
Economic Times 1 hr ago·4 Aug 2026, 3:59 pm
SK Hynix shares jumped five percent as brokerages began coverage with positive assessments, spurred by the company's strong position within the artificial intelligence memory sector. Although there was a recent dip, the U.S. listing enhances global investor accessibility. Despite reporting record quarterly profits, shipment delays caused a miss on analyst expectations. Nonetheless, robust orders from U.S. tech firms bolster forecasts for ongoing AI infrastructure investments.
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