Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Piero Cingari

SK Hynix, Samsung Stocks Rally as Singapore State Fund Adds Stakes on Memory Giants

Sk Hynix logo

A sovereign wealth fund may be preparing to buy two memory stocks, and Wall Street immediately treated it as a sector-wide signal.

Singapore’s Temasek reportedly plans to invest directly in Samsung Electronics Co. Ltd. (OTC:SSNLF) and SK Hynix Inc. (NASDAQ:SKHY).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.