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SK Hynix Shares Tumble After Massive Share Sale and Chip Stock Decline

SK Hynix shares tumbled significantly in Seoul following a massive $26.5 billion share sale and a broader decline in semiconductor stocks. This downturn has impacted other major chip players like Nvidia, AMD, and Micron, raising concerns about the industry's outlook.

13 Jul, 15:26 — 14 Jul, 01:30
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Sources

Showing 7 of 7 sources
bloombergHigh6d ago

SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout - Bloomberg.com

SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout  Bloomberg.com

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SCMPMostly Factual6d ago

China’s missile test reveals fragile state of world nuclear governance

On July 6, a Chinese strategic nuclear submarine fired a missile carrying a training dummy warhead into a designated area of the Pacific. Beijing described the launch as routine, said relevant countries had been notified and insisted that it targeted no state. The regional reaction was immediate, with Australia, Japan, the United States and Pacific nations raising concerns around insufficient notification and the politics of nuclear-free zones. Those reactions matter because they show how far...

By Hao Nan

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marketwatchMostly Factual6d ago

Micron and other chip stocks feel the pain of imported volatility — blame SK Hynix

The SOX chip index was suffering a unanimous selloff, after SK Hynix’s stock had its worst day in 18 years in South Korea trading.

By Britney Nguyen

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YahooMostly Factual6d ago

SK Hynix Raises $26.5 Billion in the Second-Biggest Share Sale Ever

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hindustan-timesMostly Factual6d ago

Chip stocks decline: Why Nvidia, AMD, Micron and SK Hynix shares are falling

Chip stocks declined as AI spending concerns, SK Hynix's sharp fall and profit booking hit Nvidia, AMD, Micron and other semiconductor shares.

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channel-news-asiaMostly Factual6d ago

Commentary: SK Hynix is a golden goose. It has to lay more eggs

The chipmaker’s blockbuster US listing signals South Korea’s arrival on the global economic stage, but retail investors should tread carefully, says Shuli Ren for Bloomberg Opinion.

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zerohedgeLow6d ago

China's Memory-Chip Challenger Faces A Test Of How Far US Curbs Can Reach

China's Memory-Chip Challenger Faces A Test Of How Far US Curbs Can Reach ChangXin Memory Technologies is approaching a turning point. The Chinese memory-chip maker has advanced far enough to draw interest from some of the world's largest technology companies, including Apple Inc., which has considered using its chips. But the same growth that has raised CXMT's commercial standing has also made it a more prominent target in the widening technology confrontation between Washingt...

By Tyler Durden

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