SK Hynix Lists on Nasdaq, Stock Surges 241.5% YTD to $1 Trillion Market Cap

SKHY-8.78%
ASML-4.02%
According to The Motley Fool, South Korean memory chipmaker SK Hynix (SKHY-US) officially listed on the Nasdaq exchange last Friday (July 10), with its stock surging 241.5% year-to-date and market value reaching $1 trillion as of July 9 close. Analysts, however, suggest that for investors seeking long-term exposure to AI supply chains, Dutch semiconductor equipment giant ASML (ASML-US), also a Nasdaq-100 component, may be a more compelling investment for the remainder of 2026. While SK Hynix bets on sustained memory chip shortages and market share gains, ASML offers broader exposure to AI chip innovation across all manufacturers, as the monopoly holder of extreme ultraviolet (EUV) lithography technology essential to advanced chip production.
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