SK Hynix shares jumped more than 11% in Seoul trading on Wednesday, spearheading a broad rally across Asian technology equities.
The South Korean memory chipmaker’s sharp advance mirrored a rebound in U.S. semiconductor names, which have recovered ground following a steep selloff earlier in the week.
The move signals a stabilization in sentiment for the hardware sector, which had faced pressure from broader market volatility.
SK Hynix, a dominant player in high-bandwidth memory (HBM) critical for artificial intelligence infrastructure, acted as a bellwether for the region’s tech-heavy indices.
The Kospi index, heavily weighted toward semiconductors, benefited directly from the chipmaker’s performance.
This recovery follows a period of heightened uncertainty in the sector.