SK hynix shares surged in early trading on the 27th, setting another intraday record high.

SK hynix posts a record quarter as operating profit tops 37 trillion won in the first quarter this year, with sales of 52 trillion 576.3 billion won and operating profit of 37 trillion 610.3 billion won as of the 23rd, outpacing big techs such as TSMC of Taiwan and Nvidia of the United States in quarterly sales and operating profit. The photo shows SK hynix headquarters in Icheon, Gyeonggi Province, today. /Courtesy of News1

As of 9:20 a.m. that day, SK hynix stock was trading at 1,285,000 won, up 5.16% (63,000 won) from the previous trading day. Earlier, on the 23rd, SK hynix set an intraday record high of 1,267,000 won, which it surpassed.

Samsung Electronics stock was also up 1.59% (3,500 won) that day at 223,000 won.

As semiconductor corporations showed strength on the last trading day of the New York stock market last week, it appears to have had a positive effect on prices that day.

On the 24th (local time), the Philadelphia Semiconductor Index jumped 4.32%. In addition to the outlook that demand for central processing units (CPU) in the artificial intelligence (AI) industry will surge, it appears to reflect Intel's strong first-quarter results.

Intel's first-quarter revenue came in at $13.58 billion, up 7.2% from a year earlier. Intel ended a seven-quarter streak of declines and posted strong results.

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