Shares of SK Hynix jumped more than 11.8% in morning trading in Seoul on Wednesday, July 15, 2026. The rise followed overnight gains in US technology stocks, which were supported by softer-than-expected US inflation data. Additionally, Barclays initiated research coverage on SK Hynix's newly listed American Depositary Receipts (ADRs) with an "overweight" rating and set a price target of $330 per share. The ADRs surged nearly 28% to $193.92 on the Nasdaq exchange on Tuesday, July 14, 2026.

The benchmark KOSPI index also reflected the positive market sentiment, trading up 6.9% as of 0023 GMT on Wednesday.

FILE PHOTO: SK hynix logo is seen in this illustration taken June 11, 2026.

Sources