SK Hynix shares jump 15% after peer Samsung projects blowout earnings - Reuters
SK Hynix shares jump 15% after peer Samsung projects blowout earnings Reuters
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Former president of the United States known for his aggressive economic policies.
Hyunjoo Jin is a Reuters reporter covering business news.
Samsung Electronics is a South Korean multinational electronics company, renowned for its innovation in the technology sector.
SK Hynix is a major South Korean semiconductor company.
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<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxQam8xb1VfdTZ0T1RDdjRTbFRzY2h1a1VxMVo0YjIxWFlDNFp4NzFOWmdGZ29GUW5ZV0RFTmVVb3JRaVhFMDJCQ0hQeFRYQm1ST1d5M1NwcUNZYTFBekJucUY1RkRveWVUV0REWnZ3N1dXREVCOFpYOXZSRU9xb0JjaEdfOEx2enlUS0tGcmpXeHUtaHpOYXU1UVdSX2kxbkhZemVlQUl3S0lRUUprbDJRZXE2Ml8?oc=5" target="_blank">SK Hynix shares jump 15% after peer Samsung projects blowout earnings</a> <font color="#6f6f6f">Reuters</font>
SK Hynix's shares rose 15% after Samsung Electronics projected a significant increase in first-quarter operating profit, fueled by strong demand for AI-related chips.
Shares of Samsung Electronics and SK Hynix surged after Samsung projected an operating profit of about 57.2 trillion won for Q1, driven by soaring demand for AI-related chips.
Samsung Electronics and SK Hynix led the market with gains, with Samsung's shares closing 1.76% higher and SK Hynix gaining 3.39%, following record earnings reports.
SK Hynix's shares climbed 15% after Samsung Electronics projected a record first-quarter profit, reinforcing investor optimism about the semiconductor sector's growth driven by AI demand.
SK Hynix's shares rose 15% following Samsung Electronics' forecast of a more than eightfold increase in first-quarter operating profit, driven by strong demand for AI-related chips.
SK Hynix's shares surged 15% following Samsung Electronics' forecast of a substantial increase in quarterly operating profit, driven by robust demand for AI-related chips.
Shares of South Korean chipmaker SK Hynix surged 15% following Samsung Electronics' forecast of an eightfold increase in quarterly operating profit, driven by booming demand for artificial intelligence infrastructure.
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