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SK Hynix is surging while Seagate slides and Micron barely budges, and that split inside the memory trade raises a question worth answering before the next move arrives.
The rally in chip stocks was led by Micron, surging 1.57%, followed by Sk Hynix shares, rising 1.43%. Sandisk was up 1.2%, AMD jumped 0.8%, Nvidia climbed 0.69%, while Intel shares traded 0.23% higher.