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Major Tech Fund Positions for SK Hynix Gains on Memory Chip Supply Tightness

A technology investment fund is increasing its stake in SK Hynix Inc., capitalizing on supply constraints in the high-bandwidth memory chip sector. The South Korean chipmaker has surged 1,000% over the past year as demand for AI memory solutions outpaces available inventory. Richard Clode, co-manager of Janus Henderson Investors' Global Technology Leaders Fund, projects SK Hynix will capture outsized earnings growth in 2026 as major manufacturers renegotiate multi-year supply agreements at higher prices. SK Hynix's dominance in the global HBM market positions it to benefit as pricing power shifts toward suppliers. The fund's move reflects conviction that memory chip scarcity will persist, underpinning sustained profitability for dominant producers.