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Topic: sk-hynix

An electronic stock board in Tokyo
Markets
Thursday, 6/25, 02:30 AM

Asian Chip Stocks Surge After Micron Results Ease AI-Spending Fears

  • South Korea's Kospi jumped about 5% and Japan's Nikkei 225 climbed back above 70,000 on Thursday as memory-chip shares rallied, after Micron's quarterly results — revenue of $41.46 billion, far above estimates — reassured investors that spending on artificial-intelligence hardware is still strong.

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