SKHX is trading 11.82% down at $16.12 after AI-linked semiconductor stocks sold off in Asian trading.

  • Reuters reported SK Hynix fell 5.3% as major AI-company executives warned development should slow, raising concerns about future AI infrastructure and memory demand.
  • Broader technology weakness, rather than a confirmed SKHX-specific announcement, appears to be driving the leveraged ETF’s larger move.