🔴 SK Square is trading 10.3% down today as investors unwind the AI-chip rally and reassess valuations

SK Square is trading 10.3% down at KRW 983,000 as investors aggressively unwind the recent AI-driven semiconductor rally and reassess stretched valuations tied to SK hynix’s AI-memory momentum.

• The decline follows weeks of gains fueled by optimism surrounding a potential SK hynix Nasdaq listing.
• Profit-taking across chip names and a sector-wide correction are weighing on the stock, despite no fresh company-specific negative news.