SKHX is trading 2.4% down at $8.79 in after-hours trading, as the stock faces renewed pressure from a global semiconductor rout and fragile sentiment surrounding AI-related memory demand.
- The decline follows a brief 3.8% intraday technical bounce on July 29, 2026, which failed to sustain momentum amid broader market volatility.
- Lingering weakness in the chip sector continues to weigh on the stock after several days of sharp price declines.
- Investors remain cautious regarding the sustainability of AI-related memory demand as macroeconomic pressures impact semiconductor valuations.