🔴 DRAM is trading 3.5% down today after SK Hynix earnings miss sparks sector-wide selloff

DRAM is trading 3.5% down in pre-market following an earnings miss from SK Hynix that triggered renewed weakness across the memory-chip sector.

• SK Hynix reported record Q2 profits that failed to meet analyst expectations, fueling a broader selloff in semiconductor stocks.
• The decline adds to a multi-day rout driven by concerns over the sustainability of AI infrastructure spending and increasing competition from Chinese chipmaking tools.
• Memory-focused assets remain under significant pressure even as broader index futures show mixed performance.