SK Hynix is trading at $137.85 (-3.68%) as memory-chip stocks decline.
- The sector is down 3.42% during regular trading.
- Investors appear to be taking profits after strong AI-driven gains and reassessing elevated memory-chip valuations.
- The pullback is overshadowing SK Hynix’s 54 trillion won investment announcement for new DRAM and NAND facilities, which supports long-term demand rather than explaining today’s decline.