SK Hynix is trading at -3.02% now at $159.61 after China’s CXMT began small-scale HBM3E production on September 1, raising competitive concerns for high-bandwidth-memory suppliers.
- Broader risk-off trading is pressuring technology stocks as Nasdaq falls 0.77%.
- Geopolitical tensions and higher yields are weighing on growth shares.
- Previous AI-memory selloffs have similarly reflected valuation and sustainability concerns.