SK hynix’s market capitalization fell to approximately $943 billion. The valuation drop occurred on June 7, 2026. The company’s stock price fell nearly 10% in a single session.
The firm reached a $1 trillion valuation on May 27. SK hynix held this milestone for approximately ten days. The selloff highlights the cyclical nature of the memory chip market.
SK hynix maintains a 57% share of the High Bandwidth Memory market. High demand for AI accelerators led to record results in the first quarter of 2026.