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SK Hynix Shares Defy AI Selloff With Support From Kioxia Gains
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
SK Hynix Inc.’s shares bucked a broad selloff in AI-related stocks thanks to the prospect of a large dividend payout related to the South Korean memory maker’s stake in Japan’s Kioxia Holdings Corp.
Source description shown. AI brief pending.