Written by 11:03 AM Economics

Positive factors for Nvidia, SK Hynix stock price hits record high of 200,000 won for the first time… What about Samsung Electronics?


SK Hynix headquarters in Icheon, Gyeonggi Province. Yonhap News,
, ‘The stock price of SK Hynix has reached the 200,000 won mark for the first time in history, attributed to the strong performance of major semiconductor supplier NVIDIA.’,
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, ‘According to the Korea Exchange on the 23rd, on the KOSPI (Korea Stock Exchange) this day, SK Hynix’s stock price rose by 1.16% from the previous trading day to close at 200,000 won per share. This is the first time Hynix’s stock price has hit 200,000 won.’,
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, ‘Foreign investors led the price increase by net buying 254.6 billion won worth of shares, while individuals and institutions net sold shares worth 126.8 billion won and 119.2 billion won, respectively.’,
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, ‘Based on the closing price this day, SK Hynix’s market capitalization is 145.6 trillion won, ranking second on the KOSPI after Samsung Electronics. With a continuous uptrend for the past 4 trading days starting from the 20th, the stock price has increased by 40.4% compared to the beginning of the year.’,
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, ‘NVIDIA announced the day before (local time) that its revenue for the first quarter of this year (February-April) was $26.04 billion, and operating profit was $16.91 billion, representing increases of 262% and 690%, respectively, compared to the same quarter last year. SK Hynix supplies high bandwidth memory (HBM) to NVIDIA.’,
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