SK Hynix Shares Hit Record High in Pre-Market Trading
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- SK Hynix shares surged in pre-market trading, surpassing 2.8 million won and reaching a new all-time high.
- The company's stock has seen a continuous rise for six consecutive trading days.
- This surge is attributed to a rebound in semiconductor stocks on the U.S. stock market, despite Federal Reserve interest rate hike signals.
SK Hynix has reached a new historic peak, with its shares climbing over 4% in pre-market trading to 2.814 million won. The semiconductor giant's stock price touched 2.82 million won early Friday, marking a significant milestone.
This latest surge extends a winning streak for SK Hynix, which has seen its stock price increase for six consecutive trading days since April 11. The company's strong performance is partly influenced by a positive trend in the U.S. stock market, particularly within the semiconductor sector, which rebounded despite signals from the Federal Reserve about potential interest rate hikes.
Meanwhile, Samsung Electronics also experienced a notable rise, trading 3.3% higher at 374,500 won in pre-market activity. Samsung's stock also touched a new high, reaching 380,000 won, indicating a broader positive sentiment within the South Korean tech industry.
The article notes that SK Hynix's High Bandwidth Memory (HBM) technology was showcased at the World IT Show in COEX, Seoul, on April 25, 2025, highlighting the company's advancements in memory technology.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.