On September 11, SK hynix rose 3.07% in pre-market trading, trading at $194.25/share, with turnover of $148 million. The rebound follows two consecutive sessions of sharp declines totaling roughly 9%, during which the stock pulled back from record highs set earlier in the week.

The recovery is supported by a broad semiconductor sector upturn, with peers including Intel up 2.97%, Advanced Micro Devices up 1.89%, Micron Technology up 1.77%, NVIDIA up 1.50%, and Broadcom up 1.34%. JPMorgan recently initiated coverage on SK hynix with an Overweight rating and a $245 price target, citing a roughly 20% valuation discount to US peers and a sustained AI memory upcycle potentially extending beyond 2028. Additionally, S&P Global Market Intelligence projected SK hynix may announce a new share buyback of up to 40 trillion Korean won in Q4, while Korean brokerage KB Securities warned that memory chip inventories at Samsung and SK hynix have fallen below 10 days of supply.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)