🔴 SK Square is trading 8.7% down today as AI-chip rally unwinds and valuations are reassessed

SK Square is trading 8.7% down at KRW 1,001,000 as investors continue to unwind an AI-driven semiconductor rally and reassess stretched valuations.

• The decline follows a multi-week surge driven by SK hynix’s AI-memory momentum and speculation regarding a potential Nasdaq listing.
• Profit-taking and broader semiconductor sector weakness are weighing on Korean tech stocks, with no new company-specific catalysts reported.