South Korean chipmakers led a broader AI recovery after SK Hynix reported a sevenfold profit surge and announced another $45 billion in shareholder returns. SK Hynix climbed 11% and Samsung gained 9%, while Micron and SanDisk each rose 4% in U.S. premarket trading. AI stocks have recovered over the past few days following weeks of pressure, with SK Hynix forecasting memory shortages through at least 2030. South Korea’s Kospi surged 6.6% on Wednesday as stronger-than-expected earnings and a subs…
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