Why Is SK Hynix Stock Surging Thursday?

SK Hynix Inc. (NASDAQ:SKHY) shares rose Thursday, joining a broad rally in memory and storage stocks after Sandisk Corp. (NASDAQ:SNDK) unveiled a bullish multiyear financial outlook at its investor

Benzinga2minutes ago

Dell Rallies 2% After Lenovo's AI Server Pipeline Hits $54 Billion, Fueling Nvidia Demand Optimism

Dell Technologies (NYSE:DELL) shares climbed around 2% Thursday after Chinese rival Lenovo Group (OTC:LNVGY) revealed its AI server pipeline surged 157% quarter over quarter to $54 billion.The

Benzinga3minutes ago

Nebius Says AI Compute Prices Jumped 15%, Signaling Strong Pricing Power

For the past two years, investors have largely measured AI infrastructure companies by one metric: how quickly they can add more computing capacity. Nebius Group N.V.'s (NASDAQ:NBIS) second quarter

Benzinga38minutes ago

SK Group's Chairman Isn't Worried About Nvidia Dependence: Is That Why SKHY Is Up 8%?

SK Group Chairman Chey Tae-won, whose conglomerate controls SK Hynix (NASDAQ:SKHY), dismissed concerns Thursday about the memory giant's exposure to Nvidia Corp. (NASDAQ:NVDA).He argued the chip

Benzinga01:43

S&P 500 Tags an All-time High and These 20 Names Have Helped Fuel the Rally

Seeking Alpha01:40

10 Information Technology Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity

Benzinga01:35