Microsoft Deal Fuels SK Hynix: Price Targets Rise, Samsung Gears up for an Attack

An exclusive supply agreement with Microsoft has investors in Seoul celebrating and pushing even geopolitical concerns into the background. While rival Samsung is gearing up to catch up, top analysts from Citi to Morgan Stanley are competing with new price targets for the memory giant. The trading day at the Korea Exchange began nervously. In the end, however, the tech bulls prevailed. New tariff threats from the U.S. government under Donald Trump initially loomed like a sword of Damocles over the Asian technology sector. Then, SK Hynix turned...