🔴 SKHX is trading 10% down today amid semiconductor selloff and China competition fears

SKHX is trading at $11.47 (-9.98%) amid a broad semiconductor selloff tied to concerns about Chinese memory-chip competition.

• Investors are reassessing AI valuations; reports cite China’s CXMT progress on a higher-density DRAM design as one source of pressure on established chipmakers.
• Sector weakness also saw South Korea’s chip-heavy market plunge and major memory-chip peers fall. No separate SKHX-specific announcement explaining the move surfaced in the search.