🔴 SK Hynix is trading 10.63% down today after South Korea denied U.S. factory pressure reports

SK Hynix is trading 10.63% down at $1135 after South Korea denied reports that Washington pressured Seoul to make U.S.-based memory-chip factories central to its $350 billion investment commitment.

• The clarification created uncertainty around SK Hynix’s capital allocation and relationship with the U.S. export market.
• Broader semiconductor weakness is amplifying the move: SOXX is down 4.71% as rising bond yields pressure high-growth technology valuations and investors reduce crowded AI-trade exposure.