SK Hynix is trading 21.7% down today at $1300.00 as investors rapidly take profits and reassess valuations following the company's recent blockbuster Nasdaq ADR debut.
- The reversal follows an initial 13% first-day surge in U.S. trading, which was driven by high expectations for AI-related memory demand.
- Seoul-listed shares fell as much as 10% on July 13 as traders locked in gains, signaling a broader retreat from peak AI euphoria and rich chip valuations.