🔴 SK Hynix is trading 5.5% down today after memory-chip sector selloff

SK Hynix is trading at $143.05 (-5.46%) as memory-chip stocks sell off across Asia and the United States.

• Profit-taking and concerns over whether aggressive AI spending can continue underscore lofty expectations despite strong results.
• SanDisk’s 2026 shipment outlook intensified DRAM and NAND demand concerns.
• CNBC reported SK Hynix down 9.71% alongside Samsung, Kioxia, TSMC and other semiconductor names; no clear SK Hynix-specific announcement explains the August 6 decline.