On August 27, SK hynix rose 3.07% in after-hours trading, trading at 163.16 USD/share, with turnover of approximately $61.54 million.

On the news front, multiple catalysts continued to fuel bullish sentiment. Needham raised its target price on SK hynix from $200 to $220, reflecting confidence in the company's growth trajectory. Simultaneously, the company's HBM4 expansion plans are driving increased orders for wafer testing equipment among Korean domestic suppliers, signaling accelerating production ramp-up for next-generation high-bandwidth memory.

Additionally, SK hynix is advancing equipment investment at its Dalian Factory 2 starting in Q3 to upgrade NAND products, with a discussed scale of approximately 30,000 wafers per month in capacity. Key manufacturing equipment is scheduled to arrive starting next month, with full deployment targeted for completion by the first half of next year. The Dalian facility, acquired from Intel's NAND division in late 2020, is restarting investment after a previous pause due to market conditions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)