🟢 SK Hynix is trading 3.2% up today as bargain hunting lifts chip stocks

SK Hynix is trading at $141.65, up 3.22%, as Korean chip stocks rebound on bargain hunting and easing AI credit-risk concerns.

• The October 16 recovery followed recent declines; Nvidia CEO Jensen Huang’s positive comments about CoreWeave helped ease credit-risk concerns.
• Caution persists over AI investment profitability and financing, while recent inflation revived rate concerns. Seoul and KOSPI gains point to a sector rebound, not a new SK Hynix-specific catalyst.