SK Hynix is trading 12.3% down at €996.00 as heavy selling in Korean tech and AI chip names continues following a volatile Nasdaq listing and a sharp reversal from recent gains.
- Investors are locking in profits amid growing concerns that AI infrastructure spending and memory-chip valuations have overshot sustainable levels.
- The company has been identified as a primary driver of the Kospi’s steep decline and remains a focal point of the broader memory-chip rout.