SK hynix's share price rebounded after announcing results, helping boost some peers
Topic: Global market volatility intensifies Institutions: A-shares still have medium- and long-term allocation value Although SK Hynix's second-quarter operating profit fell short of expectations, the memory maker's stock price rose more than 5.4%, boosted by optimistic comments. Some peer chip stocks also rose, rebounding from Tuesday's massive sell-off. SK Hynix said memory prices have increased "significantly" compared with the previous quarter and it expects memory demand growth to continue. The company has signed long-term agreements with about 10 customers; it will begin bulk shipments of HBM4 in the second quarter and will gradually expand production capacity in the second half of the year.