SK hynix rallied in early trading on the 2nd, breaking through an all-time high.

The headquarters of SK hynix in Icheon, Gyeonggi Province is shown. /Courtesy of News1

As of 9:08 a.m. that day, SK hynix was trading at 392,500 won, up 32,500 won (9.03%) from the previous session.

Overnight in the U.S. stock market, semiconductor-related stocks jumped on expectations for a semiconductor supercycle, with Micron Technology climbing nearly 9%. Market experts expect SK hynix to pull ahead of Samsung Electronics and Micron Technology in the high-bandwidth memory (HBM) market.

In a recent report, JPMorgan projected that SK hynix's market share in the next-generation HBM4 market could reach 60%, noting, "Overall market growth will accelerate starting in 2027."

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