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SK Hynix stock jumps 3%, leading memory chip stocks amid rising AI-driven demand.

Market News
29 Sep 2026
24/7 Wall Street
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Bullish
SK Hynix stock jumps 3%, leading memory chip stocks amid rising AI-driven demand.

SK Hynix shares rose 3% to $187.13, outpacing U.S. rivals Micron and Seagate as demand for high-bandwidth memory (HBM) in AI infrastructure grows. The Roundhill Memory ETF, heavily weighted in SK Hynix and Micron, also gained 2%, while the broader market dipped. Micron showed modest gains and Seagate declined, reflecting differing product focuses within the memory and storage sector. Investors are watching Micron's upcoming earnings as a potential catalyst and considering diversified exposure to manage risk amid currency and market uncertainties.

As of Sep 30, 2026 00:11 WIB, SK Hynix shares on Pluang trade at USD 187.00, up 2.74% for the day, closely matching the article's 3% rise. Micron is also up by 1.60% at USD 1,070.88, while Seagate is down 2.04% at USD 902.74. SK Hynix sees strong buying interest with 95% of Pluang orders as buys, highlighting its appeal among investors, and it holds a market cap of $926.78B on the platform.

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