MarketPR
SK Hynix shares surged 11% in South Korea on Wednesday, leading a broad recovery across Asian technology stocks. The gain tracked a rebound in U.S.
semiconductor equities that followed a sharp selloff earlier in the week. What drove the session The week started with U.S. semiconductor shares under pressure.
That selling created the gap Wednesday's rebound filled, at least in part. Asian technology stocks moved broadly higher alongside the recovery in U.S. names, with SK Hynix posting the standout gain in the region.
The numbers on the tape The 11% single-session move in SK Hynix's South Korean-listed shares was the headline print across Asian technology on Wednesday.
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