Last night, amidst a semiconductor boom driven by Nvidia in the U.S. stock market, SK hynix is showing strength.
According to the Korea Exchange, as of 9:18 a.m. on the 4th, SK hynix is trading at 220,000 won, up 12,500 won (6.02%) from the previous trading day.
At the same time, Samsung Electronics is trading at 59,600 won, up 100 won (0.18%) from the previous trading day.
On the 3rd (local time), Nvidia surged nearly 3% in the New York stock market, while major semiconductor stocks saw a general upward trend, which is interpreted as having a positive impact on investors. The semiconductor index in the New York stock market recorded a 2.72% surge, reaching 4,964.40 points.
Nvidia recorded an increase of 2.80%, reaching $141.22, with a market capitalization of $344.4 billion. This allowed it to reclaim the top spot in market capitalization for the first time since January, surpassing Microsoft (MS). Competitor AMD also rose by 2.34%, while Intel increased by 2.79%, Micron by 4.15%, and Broadcom by 3.27%, as major semiconductor stocks rallied collectively.
Additionally, according to the market research firm "TrendForce," SK hynix recorded a decline in DRAM shipments in the first quarter of this year, with revenues falling 7.1% to $9.72 billion compared to the previous quarter. However, it became number one in the DRAM market on a quarterly basis, surpassing Samsung Electronics.