SK Hynix is trading 3% down at $149.68 in pre-market trading, giving back a portion of its recent gains driven by AI-memory optimism and Samsung’s record results.
- The decline is tied to a broader pullback in DRAM and memory-chip stocks as investors take profits following several days of sector strength.
- Market participants are bracing for potential disappointments ahead of a closely watched SanDisk earnings report.
- The move follows a period of significant outperformance fueled by high-bandwidth memory (HBM) demand and positive sentiment across the semiconductor industry.