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SK Hynix Soars Then Drops Amid AI Boom | Raleigh News
SK Hynix, the world’s top HBM chipmaker fueling AI giants like Nvidia and Apple, made history with the largest foreign IPO ever—raising $26.5 billion—only to see its stock plunge 9% after a profit warning, sparking debate over whether it’s a temporary dip or a sign of trouble. But don’t panic: financial guru Jim Cramer jumped in, calling the company “very kind to American investors” and buying shares during the sell-off. Under the hood, SK Hynix’s Q1 2026 results were jaw-dropping: $35B in revenue (up 200%) and a 72% operating margin. With a $800B government-backed expansion plan to scale HBM…
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