Today: 27 May 2026
Browse Category

BME:REP 22 January 2026

Stock Market Today

  • SK Hynix Soars 250% in 2024 Amid AI Demand; Rally May Continue, Analysts Say
    May 27, 2026, 1:07 AM EDT. SK Hynix's stock has surged over 250% in 2024, driven by strong demand for high-bandwidth memory chips in artificial intelligence (AI) servers. Analysts, including Peter Kim of KB Securities, suggest the rally is only halfway done despite the rapid rise, citing robust earnings upgrades that keep valuations attractive. SK Hynix trades at about six to seven times earnings, cheaper than U.S. peer Micron Technology's 12 times. Wedbush's Dan Ives calls the AI boom the "3rd inning of a 9-inning game," with demand for HBM, DRAM, and NAND memory chips hitting all-time highs. However, investors express concern over market concentration in South Korea, where Samsung and SK Hynix represent over 40% of the Kospi index. Sector upcycle risks like overcapacity remain distant as supply expansions will take years.

Latest articles

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

27 May 2026
The S&P 500 and Nasdaq closed at record highs Tuesday, with the S&P up 0.61% and the Nasdaq rising 1.19%, while the Dow slipped 0.23%. Micron briefly topped $1 trillion in value after UBS raised its price target. Qualcomm surged nearly 5% on a reported chip deal with ByteDance. Zscaler fell 15% after hours on weak revenue guidance.
Marvell Rises Ahead of Results as AI Hype Moves Shares

Marvell Rises Ahead of Results as AI Hype Moves Shares

27 May 2026
Marvell Technology shares jumped 6.08% to $208.26 on Tuesday before its fiscal Q1 2027 earnings release set for May 27. HSBC, Susquehanna, and Citi all raised their price targets, citing strong demand for Marvell’s AI-related chips and data-center products. Marvell reported $6.10 billion in data-center revenue for fiscal 2026, up from 40% to 74% of total revenue in two years. CEO Matt Murphy will keynote at COMPUTEX next week.
AMD Tops $500, Next Test for AI Chips Trade

AMD Tops $500, Next Test for AI Chips Trade

27 May 2026
AMD shares jumped 7.78% to $503.89 Tuesday, hitting a new 52-week high, as AI infrastructure demand drove a rally in chip stocks. The S&P 500, Nasdaq, and Philadelphia Semiconductor Index all closed at records after the holiday. AMD reported Q1 revenue of $10.3 billion, up 38% year-over-year, with data centers now its main growth driver. Investors remain cautious as AMD’s price-to-earnings ratio reached 155.8.
Go toTop