What is SK Hynix and why is it moving the market today?

Reuters Reuters — 1min

South Korean chipmaker SK Hynix reported bumper quarterly results but fell short of lofty investor expectations fueled by the AI boom, with the company racing to secure long-term supply deals to cushion the memory industry's volatile demand cycles.

Gregor Stuart Hunter has more.

#skhynix #ai #markets #tech #chip