Shares of South Korean chipmaker SK Hynix (SKHY) jumped after the company reported record third-quarter earnings that beat Wall Street expectations. The stock closed 10.89% higher in South Korea,...
The Nasdaq opened higher on Wednesday night AEDT after South Korean memory chipmaker SK Hynix reported a massive jump in profit.
South Korea-based memory-chip maker SK Hynix smashed expectations for the third quarter. SK Hynix stock jumped on the news.
The sevenfold jump in the chip giant’s earnings come after official data showed South Korea’s GDP growth beat analysts’ expectations, the latest sign of a tech boom driving nationwide economic growth.
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