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Wednesday, October 28, 2026
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Seeking Alpha·United States·

AI memory, chip stocks gain after SK Hynix posts record profit

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Preeti Singh

Main microchip on the motherboard

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Memory and AI-related stocks rose in premarket trading Wednesday after SK Hynix (SKHY) reported a record quarterly profit that sharply beat estimates and announced more than $25B in dividends and share buybacks.

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