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Micron Technology (MU.US) and SK Hynertech spark optimism, Asian AI chip stocks party

Wednesday, Sep 25, 2024 11:40 pm ET1min read

Asian semiconductor stocks soared on Thursday, with South Korea's SK Hynertek jumping 9.4% in Seoul after the company said it had started mass production of a new AI chip, as its rival Micron Technology (MU.US) gave an upbeat outlook.

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