SK Hynix shares soar to over 2-decade highs as chipmaker's parent reportedly plans AI data center
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Shares in South Korean chipmaker SK Hynix extended gains to hit a more than 2-decade high on Tuesday, following reports over the weekend that SK Group plans to build the country's largest AI data center. SK Hynix shares, which have surged almost 50% so far this year on the back of an AI boom, were up nearly 3%, following gains on Monday. The company's parent, SK Group, plans to build the AI data center in partner