South Korea’s Memory Chip Giant Defies A.I. Market Jitters

SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.

Earlier this year, South Korea emerged as the world's best-performing stock market as an artificial intelligence-driven memory chip boom propelled the country's top chipmakers Samsung Electronics and SK hynix to record highs. The chip rally, however, quickly unraveled as investors grew concerned that Big Tech companies

Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs