SK Hynix is trading 3% down at $164.40 in pre-market as investors reassess near-term AI demand and profitability following a significant sector rally.
- The move tracks a broader decline in memory chip names, triggered by disappointing earnings reactions from major AI leaders like Alphabet and Tesla.
- Sentiment across the semiconductor industry and high-beta tech stocks is under pressure as the market recalibrates expectations for AI-driven growth.