U.S. Stocks in Motion | Memory chip stocks broadly rise; SK Hynix (SKHY.US) up over 2%

Zhitong Finance APP has learned that on Tuesday, the three major U.S. stock indices opened higher collectively, with memory concept stocks rising broadly. SK Hynix (SKHY.US) rose more than 2%, while SanDisk (SNDK.US), Micron Technology (MU.US), and Seagate Technology (STX.US) rose more than 1%, and Western Digital (WDC.US) edged up slightly. On the news front, reports said that SK Hynix and Samsung Electronics are in talks with Alibaba and Tencent to supply more dynamic random-access memory (DRAM) to these two Chinese technology companies for 10 years, with the agreement term extending through 2035.