SK Hynix is trading 11.3% up at $1185.00 as of August 4, 2026, staging a technical recovery following a significant AI-driven sell-off in South Korea.
- The move follows a sharp decline during the August 3 KOSPI plunge, where shares fell over 8% amid profit-taking and concerns regarding stretched AI valuations.
- Investors are currently buying back shares after the steep drop, though broader sentiment across the semiconductor sector remains cautious.