Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why SK Hynix Stock Popped Today

TheMotleyFool

0 0

Why SK Hynix Stock Popped Today: https://g.foolcdn.com/editorial/images/883842/map-of-korea-under-a-magnifying-glass.jpg

Korean memory chip manufacturer SK Hynix (NASDAQ: SKHY) stock jumped 4% through 10 a.m. ET Monday -- and it has Donald Trump to thank for it.

Over the weekend, Trump Commerce Secretary Howard Lutnick told The Wall Street Journal that the Trump administration "is not in favor" of plans floated by (NASDAQ: AAPL) to solve its supply problems by buying memory chips from Yangtze Memory Technologies and CXMT in China.

Image source: Getty Images.

Source Fool.com