SK Hynix Shares Plunge 13% in Seoul as Chip Sell Off Deepens The recent plunge of over 13% in SK Hynix shares is the latest chapter in growing economic uncertainty surrounding the AI investment cycle.
Semiconductor stocks continue to tumble, driven by a perfect storm of factors threatening to disrupt the global tech industry.
At its core, the sell off reflects a broader deterioration in sentiment toward semiconductor stocks, fueled by recent media reports highlighting China's ambitions in memory chips and lithography equipment.