🔴 SK Hynix is trading 6.5% down today amid a memory-chip sector selloff and demand concerns

SK Hynix is trading 6.5% down at $141.17 as memory-chip stocks retreat following profit-taking and fresh concerns about PC and smartphone demand.

• Investors are reacting to SanDisk’s weak shipment outlook for 2026, which is pressuring DRAM and NAND names after a recent AI-driven rally.
• The decline follows strong results from Samsung, suggesting a broader sector pullback and profit-taking rather than company-specific issues.