SK hynix Inc.'s SKHY shares jumped on Oct. 27, supported by optimism over potential shareholder payouts, resilient demand for artificial intelligence (AI) chips and expectations surrounding the memory-chip maker's quarterly results. The stock's movement reflected investors' continued interest in companies supplying critical components for AI infrastructure, as data-center operators and technology companies maintain substantial spending on advanced computing capacity. A major near-term catalyst was the anticipation of SK Hynix's third-quarter earnings announcement, scheduled for Oct. 28.
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