🔴 SK Hynix is trading 6.4% down today on AI-chip selloff and rising China DRAM supply fears

SK Hynix is trading 6.4% down now at €846 following a sharp reversal in AI-related semiconductor stocks and mounting concerns over future memory pricing.

• The move follows a sector-wide plunge driven by fears of rising Chinese DRAM supply after CXMT’s IPO and a weaker storage pricing outlook from Credit Suisse.
• Growing anxiety that AI infrastructure spending may be reaching a peak is further pressuring the stock alongside its industry peers.