🔴 SK Hynix is trading 5.8% down today as AI rally cools and China supply fears mount

SK Hynix is trading 5.8% down at €936.00 as investors pull back after a sharp AI-driven rally and mounting concerns over future memory pricing.

• Sector sentiment has weakened following worries about increased Chinese DRAM/NAND supply after CXMT’s strong IPO.
• The prospect of rising competition from China is amplifying pressure on leading global memory manufacturers.