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SK Hynix Eyes Multi-Year Surge as AI Memory Shortages Intensify

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The Story

News Summary

  • SK Hynix shares are poised for continued growth driven by booming AI data center memory demand and multi-year supply agreements.
  • With memory wafer demand projected to outstrip supply by 20% through 2030, the chipmaker anticipates sustained revenue and margin expansion over the next three years.
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NVDA price history

213.90 +21.13% over the displayed period

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