SK Hynix is trading at $1340.00, up 3.08%, as Micron’s outlook reinforces demand expectations.
- Micron reported fourth-quarter revenue of $54.23 billion and forecast first-quarter revenue of $61.5 billion, above analysts’ estimates.
- Reuters cited strong AI-memory demand and tighter supply; results reinforced expectations for makers including SK Hynix.
- The newsroom listing omits details of SK Hynix’s October 1 Solidigm clarification, so it cannot be established as the gain’s cause; no significant prior-session index move was reported.