🔴 SK Hynix is trading 8.54% down today amid a memory-chip sector selloff

SK Hynix is trading at €974, down 8.54%, following a broad memory-chip sector decline.

• The sector fell 8.33% during regular trading, while rising Treasury yields pressured high-growth technology valuations and encouraged profit-taking.
• Escalating U.S.-Iran tensions and higher oil prices intensified global risk aversion.
• Preliminary SK Hynix wage-deal negotiations were reported, but no company-specific operational setback was identified.