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News 2026-10-12 19:21 UTC

SK Hynix Stocks Fall 3.6% Although Goldman Backs Its Next AI-Memory Bet

SK hynix, the Korean memory-chip producer NASDAQ:SKHY, slipped to $163.01, down about 3.6% at 12.40pm EST on October 12, despite Goldman Sachs' support for its high-bandwidth-flash technology, according to Investing.com. The opportunity is clear: AI systems need faster access to larger pools of dat…