SK Hynix Stock Reaches All-Time High Following News of Microsoft Supply Agreement

SK Hynix Shares Reach Record High Amid Microsoft AI Chip Partnership Reports

SK Hynix Inc. saw its stock price soar to unprecedented levels following reports from South Korean media suggesting the company is the exclusive provider of advanced memory chips for Microsoft’s latest artificial intelligence processor.

The company’s shares ended the day up 8.7% on the Korea Exchange, rebounding from earlier declines caused by renewed tariff concerns from former US President Donald Trump. This surge continues a strong upward trend for SK Hynix, fueled by enthusiasm for artificial intelligence, which has helped push the firm’s market capitalization beyond $400 billion.

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According to the Maeil Business Newspaper, Microsoft’s newly introduced Maia 200 AI accelerators will each be equipped with six units of SK Hynix’s HBM3E memory chips, citing sources from the semiconductor industry and financial analysts. SK Hynix, however, declined to comment on specific customer relationships.

Over the past three years, SK Hynix’s stock has increased tenfold, largely due to its early partnership with Nvidia in the AI sector. The company is also benefiting from a recovery in prices for traditional memory chips, which is improving its outlook ahead of its upcoming earnings report on Thursday.

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Jung In Yun, CEO of Fibonacci Asset Management Global, attributed Tuesday’s gains to investors buying on dips and growing optimism about high-bandwidth memory (HBM) profits. He expressed confidence that SK Hynix’s financial results would likely meet market expectations once again.

Adding to the positive momentum, Citigroup raised its price target for SK Hynix by 56% to a record 1,400,000 won, reaffirmed its buy recommendation, and placed the stock on a 30-day upside catalyst watch.

In a recent note, analyst Peter Lee observed that the memory industry is moving toward more tailored solutions, with clients now required to sign contracts a year before delivery. He predicted that global DRAM and NAND prices in 2026 would see much stronger growth than previously anticipated.

Data updated as of market close.

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