[Special Stock] SK Hynix Rises 13% on US Mutual Tariff Suspension

SK Hynix is showing strong performance in early trading.

At 9:03 AM on the 10th, SK Hynix was trading at 187,300 won, soaring 13.52% (22,300 won) compared to the previous day.

Earlier, on the 9th (local time), U.S. President Donald Trump decided to raise reciprocal tariffs on China to 125% and to temporarily suspend reciprocal tariffs on other countries for 90 days, which boosted investor sentiment. In particular, the Philadelphia Semiconductor Index, composed mainly of AI and semiconductor companies, surged 18.73% that day, marking the largest increase ever.

On the same day, in the pre-market of the alternative exchange NextTrade, major KOSPI stocks showed a sharp rise, with SK Hynix hitting the upper price limit immediately after the market opened. Due to the low trading volume and market price trading restrictions in the pre-market, the opening price at the upper limit was formed with only about 100 shares traded.

Meanwhile, Kim Rok-ho, a researcher at Hana Securities, stated, "China's Iguwhanxin (support for replacing old products with new ones) confirmed the depletion of smartphone channel inventory, and it is estimated that there was an increase in logistics volume before the imposition of tariffs." He revised SK Hynix's annual operating profit for this year upward by 7%, from 33.7 trillion won to 36.2 trillion won. He added, "Due to demand for HBM, SK Hynix's DRAM blended average selling price (Blended ASP) is differentiated from other companies, and accordingly, it is judged to have demonstrated solid profits even in the off-season."