SK hynix stock: what traders are watching before Jan. 29 earnings
SK hynix shares closed up 1.59% at 767,000 won Friday, near their Jan. 8 intraday high. The company, which held a 61% global HBM market share last year, reports fourth-quarter results Jan. 29. Investors are watching for updates on memory pricing and supply as AI demand strains capacity. CEO Sungsoo Ryu said SK hynix will speed up new fab openings amid “tremendous” demand.