SK Hynix Shares Surge on Bets of AI Boom Windfall for Memory Chips
• SK Hynix shares hit record high amid bets the memory chip maker will benefit from AI boom
• Firm is a top supplier of memory chips to Nvidia, at the forefront of massive AI-driven growth
• SK Hynix makes high-bandwidth memory chips critical for high-speed AI computing
• Has partnership with TSMC to develop more AI-focused memory chips
• Low P/E ratio signals potential for more share price gains if AI bets pay off