SK hynix Inc. is trading 21% down at $1045.00 following a steep semiconductor sector downturn tied to hawkish U.S. rate expectations and recent AI-chip profit taking.
- The decline follows a broader tech selloff sparked by strong U.S. jobs data and expectations of higher-for-longer interest rates.
- Sentiment was further pressured by disappointing AI revenue guidance from industry peers, though no company-specific news was reported for SK hynix.