SKHX is trading 2% down now at $13.20 (-2.00%) after hawkish Federal Reserve Chair Kevin Warsh comments revived concerns about a possible September rate increase.
- Broader risk-off sentiment pressured regional semiconductor shares.
- South Korean technology stocks weakened on August 31, with SK Hynix dropping 3.27% and Samsung Electronics falling 2.72%.
- SK Hynix’s Indiana fab groundbreaking was positive but did not offset macro weakness.