🔴 SK Hynix is trading 3.24% down today on concerns memory-chip price gains may be slowing

SK Hynix is trading 3.24% down at KRW 1793000 as concerns that memory-chip price increases may be slowing weigh on investors.

• Kioxia’s CEO said prices had risen sufficiently and the company would not pursue substantial further increases, weakening expectations for continued rapid industry pricing gains.
• The decline appears sector-driven, with broader memory shares under pressure as investors lock in recent gains.
• Similar weakness has previously been linked to rates, oil, and semiconductor sentiment.