SK Hynix Jumps 5.8% as JPMorgan Pushes Back on Memory Cycle Fears

JPMorgan published a report pushing back on fears that the memory cycle has peaked, sending SK Hynix shares up 5.8%. The investment bank's endorsement eased doubts over the sustainability of HBM demand, lifting short-term sentiment, though whether the cycle extends still hinges on AI capex and supply-demand data.

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