SK Hynix is trading at €972.00 (-4.24%) as investors reassess AI memory demand and valuation following a sharp pullback from its recent rally.
- The decline follows the company’s July 22 announcement to increase investment in its advanced AI memory packaging plant to ₩7.1 trillion, raising concerns over capital expenditure and potential dilution risk.
- Broader market pressure persists as the memory-chip sector dropped 4.43% today, with technology shares remaining under significant pressure amid heightened sector volatility.