SK Hynix is trading at €980.00, down 13.7% today, following sharp profit-taking and a deep semiconductor rout across Korean and global markets.
- Investors are unwinding recent gains from the company's Nasdaq ADR listing as concerns grow regarding a potential peak-out in the AI and memory-chip cycle.
- Sentiment is being further pressured by higher Korean interest rates and broader sector volatility, despite the company's fundamentally strong position.