SK Hynix Shares Surge as it Begins Advanced AI Chip Production
3 months ago
Shares of South Korean semiconductor manufacturer SK Hynix Inc. surged after the company announced it had started producing state-of-the-art artificial intelligence chips. The stock gained as much as 8.3% in Seoul on the latest news on September 26, among its largest intraday gain in six months, reflecting investor sentiment over the company's foray into the AI technology space.
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