Tickmill Group analyst Patrick Munnelly said SK Hynix's $26.5 bln US depositary receipt sale should help fund its AI compute infrastructure investments. He said investors want concrete drivers in earnings season — financing, capacity expansion, data-centre demand and hardware bottlenecks — rather than abstract AI hype. Renewed buying of Hynix and other Korean chip names suggests the market treats the AI upswing as structural, not just momentum. Korea remains a key barometer of AI-hardware risk a

Tickmill Group analyst Patrick Munnelly said SK Hynix's $26.5 bln US depositary receipt sale should help fund its AI compute infrastructure investments. He said investors want concrete drivers in earnings season — financing, capacity expansion, data-centre demand and hardware bottlenecks — rather than abstract AI hype. Renewed buying of Hynix and other Korean chip names suggests the market treats the AI upswing as structural, not just momentum. Korea remains a key barometer of AI-hardware risk appetite, and the recent pullback has provided a clearer entry for investors who expect earnings to validate a capex cycle.