• SK Hynix ADRs fell 22.3% to $1290.00 after a Korea Investment & Securities report cut its Q2 operating profit estimate by 8% below consensus, citing slowing average selling price growth for high-bandwidth memory.
  • The decline extends a broader semiconductor sector selloff, fueled by renewed AI valuation concerns and geopolitical risks, also triggering profit-taking following its recent Nasdaq ADR debut on July 10.
  • Seoul-listed shares experienced their largest one-day decline in nearly 20 years on July 13, reflecting unwound gains from its previous rally.