🟢 SK Hynix is trading 6.4% up today after SanDisk projected 80% long-term gross margins

SK Hynix is trading 6.4% up at €1080.00 after renewed optimism across memory-chip stocks.

• SanDisk’s August 13 Investor Day projected roughly 80% long-term gross margins and strong multiyear customer commitments, supporting sustained AI-driven memory-demand expectations.
• Bloomberg reported SK Hynix gained 6.5% in Seoul on August 14 as Asian memory shares rallied; the move appears sector-driven, not company-specific.
• It extends the recent memory-stock rally; South Korean markets are closed on August 17 for Liberation Day observance.