SK Hynix Shares Defy AI Selloff With Help From Kioxia Gains

First reported by Bloomberg at · Updated · 1 source

SK Hynix Inc.’s shares bucked a broad selloff in AI-related stocks thanks to the prospect of a hefty dividend payout related to the South Korean company’s stake in Japan’s Kioxia Holdings Corp.

Reported so far by one publisher.

Summary from Bloomberg.

Reporting1

Bloomberg SK Hynix Shares Defy AI Selloff With Help From Kioxia Gains · Yoolim Lee and Youkyung Lee