TradingKey – Memory chip stocks reverse their decline, surging collectively in pre-market trading, with SK Hynix leading the gains.
On July 27, Eastern Time, memory chip stocks rallied collectively in pre-market trading, recouping some of the ground lost during Friday’s sharp sell-off. Among them, SK Hynix ( SKHY) performed the strongest, rising nearly 6%; SanDisk ( SNDK) rose nearly 5%, Western Digital ( WDC) rose nearly 4%; Micron Technology ( MU) , Seagate Technology ( STX) and Silicon Motion ( SIMO) all rose over 3%.
SK Hynix stock price chart, Source: TradingView
Ranking only behind Samsung, SK Hynix, and Micron, ChangXin Technology, the world’s fourth-largest DRAM manufacturer, debuted on the STAR Market of the Shanghai Stock…
