000660.KS is trading 3.5% down at $2,558,000 as investors lock in profits following an extended AI-driven surge and news of a planned U.S. listing.
- SK hynix announced plans to raise up to $29.4 billion through a Nasdaq ADR offering.
- The company is set to play a central role in South Korea’s new $518 billion AI chip hub initiative.
- The pullback follows sharp gains in prior sessions fueled by the global rally in AI-related semiconductor stocks.