[Feature Stock] SK Hynix, up more than 5% on expectations of record-breaking first-quarter operating profit and expanded AI investments

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SK Hynix shows a strong rise of about 5% in the early trading session.
Analysis suggests this is due to the company’s record-high operating profit in the first quarter, along with expectations that large U.S. tech companies will expand investments in artificial intelligence (AI) infrastructure, boosting prospects for the semiconductor industry.

According to data from the Korea Exchange, SK Hynix traded at 1.35M won during the session on May 4, up 65k won (5.05%) from the previous trading day.
The highest price during the session was 1.36M won, with an opening price of 1.34M won.

The direct background for the stock’s strength is its performance.
SK Hynix achieved a record-high operating profit of 37.6103 trillion won in the first quarter.
Additionally, recent announcements by large U.S. tech companies to expand AI infrastructure investments based on solid earnings have heightened market expectations that demand for high-bandwidth memory (HBM) and other high-end semiconductors will continue to grow.

The overall recovery of investor sentiment in the stock market has also played a positive role.
On that day, the Korea Composite Stock Price Index (KOSPI) rose over 2%, reaching 6,760 points, continuing the highest point in history during the session.
Earlier, the KOSPI broke through 6,300 points in early March, boosting expectations for 6,800 points, but in mid-March, affected by the Middle East war, it temporarily fell to 5,487 points.
Subsequently, after touching 6,800 points during the session on April 30, it retreated due to foreign selling, but now it has rebounded again, with large semiconductor stocks once again attracting concentrated buying.

In the short term, the degree of easing related to the Strait of Hormuz uncertainties is seen as a variable.
However, the market believes that as long as AI investment expansion and performance momentum continue, SK Hynix’s profit improvement trend is likely to persist temporarily, regardless of geopolitical factors.

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