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042700 Hanmi Semiconductor Co News Story

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SK Hynix shares rally 7% to a record high, beating Samsung's 2.5% gain

SEOUL, April 27 (Reuters) - Shares in Nvidia's chip supplier SK Hynix 000660.KS rallied more than 7% to a record high on Monday, after U.S. chipmaker Intel's earnings results rekindled expectations of artificial intelligence demand.

The South Korean company outperformed its rival Samsung Electronics 000660.KS, whose shares rose 2.5% as it braces for a potential strike by unionised workers in South Korea in May.

 (Reporting by Hyunjoo Jin
Editing by Ed Davies)

 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))

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