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Technology stocks came under heavy pressure on Monday after SK Hynix suffered its biggest one-day share price decline on record, triggering a broad selloff across the global semiconductor sector as investors reassessed valuations and growing geopolitical risks. The retreat began in Asia before spreading to Europe and U.
<body><p>STORY: SK Hynix shares fell more than 15% in trading on Monday - just days after its U.S. listing.</p><p>It was the South Korean chip giant's biggest one-day decline on record.</p><p>Investors in Seoul cashed out of a massive share price rally following its Nasdaq debut last week.</p><p>The fall in SK Hynix and rival Samsung Electronics stock led to a 9% plunge in South Korea's Kospi and triggered a 20-minute trading halt.</p><p>That was despite President Lee Jae Myung announcing government support for three major projects in chips, AI data centers and physical AI.</p><p>SK Hynix is the world's leading AI memory chipmaker.</p><p>It raised over $26 billion last week selling American Depositary Receipts priced at $149 each.</p><p>Its Korean shares have more than tripled this year.</p><p>It has become a target of global investors betting on a sustained boost to profits.</p><p>They think a shortage of high-bandwidth memory chips used in AI data centers could boost its numbers.</p><p>One leading analyst said investors were profit-taking following the U.S. listing.</p><p>And further said sentiment grew cautious over SK Hynix's second-quarter earnings.</p><p>They said investors had expected shipments of the firm's HBM4 chips to rise from the second quarter.</p><p>But the increase didn't appear to have happened at scale.</p></body>
↘️ SK Hynix (KR:000660, SKHY): The chipmaker’s Korean shares sank more than 15%, its biggest one-day drop on record, as investors cashed out after its ADRs’ Nasdaq debut on Friday sparked a price rally.
Investing.com -- Global chip stocks fell sharply Monday, led by a record one-day plunge in SK Hynix shares, as investors weighed a fresh escalation in Middle East tensions alongside mounting concerns over valuations in AI-related shares.
The nosedive helped send South Korea's Kospi almost 9% lower, which triggered a 20-minute halt in trading. Rival Samsung Electronics's stock also slumped. The decline marked an abrupt reversal in investor appetite after SK Hynix's American depositary receipts soared 13% Friday on their first trading day on the Nasdaq.
(Bloomberg) -- South Korea expects to reap a record tax windfall from the artificial intelligence-driven semiconductor boom, giving President Lee Jae Myung’s government fresh fiscal firepower to fund an ambitious investment agenda.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Renews Iran Strikes as Both Sides Dispute Hormuz Status
Samsung Electronics Co. (OTC:SSNFL) is accelerating the launch of its first semiconductor fabrication plant in Yongin to 2029, moving up the timeline by one to two years as demand for AI memory chips continues to surge. Samsung Speeds Up AI Chip Expansion On Sunday, Samsung said it now plans to begin operations at its first chip fabrication plant in Yongin, south of Seoul, in 2029 instead of the previously expected 2030-2031 timeframe, Reuters reported. A Samsung spokesperson said the company in
Samsung Electronics aims to bring forward operation of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as the chipmaker seeks to keep up with surging demand for memory chips used in AI infrastructure, a source told Reuters on Monday. Samsung did not immediately respond to Reuters' request for comments. Yonhap News Agency first reported about the change of the plan on Sunday.
SK Hynix shares fell more than 15% in Seoul on Monday, its biggest one-day decline in nearly two decades, as investors in Seoul cashed out of a scorching share price rally following its Nasdaq debut last week. The company's U.S.-listed shares dropped 9.2% to $152.50 in premarket trading on Monday after jumping more than 12% in its Nasdaq debut on Friday. Korean stocks extended losses after trading resumed after President Lee Jae Myung on Monday reiterated that the government would help speed up projects to build chip fabs in investments worth hundreds of billions of dollars, as outlined by Samsung and SK Hynix.
In a direct push to secure America’s artificial intelligence hardware pipeline, U.S. Commerce Secretary Howard Lutnick has publicly pressured South Korean semiconductor giants Samsung Electronics and SK Hynix Inc. to construct local AI memory fabs. Speaking at a Micron Technology...
SK Hynix has just made financial history. The South Korean memory-chip giant completed the largest-ever U.S. share sale by a foreign company, raising $26.5 billion through the sale of 177.9 million American Depositary Receipts (ADRs).
Investing.com -- South Korean stocks are trading at their cheapest valuations on record despite an 80% rally this year, as corporate earnings, led by AI-driven memory chip demand, have outpaced gains in share prices, according to Bloomberg.
Samsung Electronics has begun mass production of its latest enterprise solid-state drive, the PM1763, which will be deployed in Nvidia Corp’s upcoming Vera Rubin AI platform scheduled to launch later this year. Samsung’s New AI SSD Targets Faster Data Center...
We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks. SK Hynix Inc. American Depositary Shares (OTC:SKHY) is one of the stocks discussed by Jim Cramer. Memory giant SK Hynix Inc. American Depositary Shares (OTC:SKHY) is a regular feature of financial markets news these days. Courtesy of […]
The company intends to significantly invest in DRAM and HBM manufacturing through 2035.
SK Hynix (SKHYV, 000660.KS) began trading on the Nasdaq after launching its new US listing on Friday. Creative Strategies senior analyst Austin Lyons comes on Market Domination to break down where SK Hynix fits into fulfilling demand for high-bandwidth memory (HBM) and dynamic random-access memory (DRAM) chips.
South Korean memory chip giant SK Hynix soared in its American debut on Friday, suggesting U.S. investors remain bullish on memory stocks despite their recent pullback.
When expectations get ahead of reality, stocks tend to sell off. But that doesn't mean that the story is over. Far from it. Dave Bartosiak will help you gain the discipline to navigate volatility and maximize the extraordinary potential of AI.
The S&P 500 and Nasdaq rose solidly in a mixed stock market week. Delta Air fell despite strong guidance while SK Hynix began U.S. trading.
(Bloomberg) -- SK Hynix Inc. is open to issuing more US shares should returns prove strong and the company’s stock price remains stable, SK Group Chairman Chey Tae-won said.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsSK Hynix Raises $26.5 Billion in Biggest Foreign Debut in USPrabowo’s Clampdown on Indonesian Tycoons Fuels Capital FlightZuckerberg Pledges ‘Aggressive’ Pricing With Met
Investing.com -- High-bandwidth memory (HBM) pricing is on track to more than double by 2027, driven by a perfect storm of soaring artificial intelligence demand and structural capacity constraints. According to a DigiTimes report on Friday, industry sources indicate that next-generation HBM4 prices could surge to $4–$5 per gigabit or higher, up from approximately $2 in the second half of 2026. The looming price shock reflects the extreme manufacturing complexities of HBM4, which requires a prod
Katrina Dudley says AI infrastructure spending could remain durable through 2027 and potentially into 2028.
Micron stock was edging down with SK Hynix’s ADRs due to trade Friday on the Nasdaq for the first time
SK Hynix, one of the world's largest makers of memory chips, is hitting the U.S. stock market at a time when demand for its chips is far outpacing its ability to make them thanks to the frenzy over artificial intelligence. The company is already one of the largest in South Korea, along with Samsung Electronics, and is traded publicly on Seoul's Kospi index. SK Hynix priced its American depositary receipts, or ADRs, at $149 each Thursday.
When South Korean billionaire Chey Tae-won attends a bell-ringing ceremony on Friday for SK Hynix's $26.5 billion Nasdaq listing, it will mark the ultimate payoff of a bet many once considered risky: buying a loss-making chipmaker that has since become an AI powerhouse. SK Group's 2012 acquisition of Hynix was viewed as problematic even within the business conglomerate: Memory chips are cyclical and capital-intensive, and the company was losing money while trailing Samsung Electronics in market share and technology. But under Chey, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology.
<body><p>STORY: From a massive SK Hynix IPO to Samsung's giant profits...</p><p>This is the week in numbers.</p><p>:: $26.5 billion</p><p>$26.5 billion is how much chipmaker SK Hynix raised in a Wall Street listing on Thursday.</p><p>That was according to a U.S. regulatory filing.</p><p>A source said demand for the U.S. shares sale was more than seven times oversubscribed.</p><p>The South Korean firm is the world's leading supplier of high-bandwidth memory chips - critical features in advanced processors powering AI systems.</p><p>George Godber is a UK Fund Manager with Polar Capital: </p><p>"The chip plays have been the absolute epicenter of the AI capex spend. There's a lot of attention there. There's an awful lot of demand. There's a lot of retail interest. But it is volatile." </p><p>:: $7.7 billion</p><p>$7.7 billion is how much Apollo Global Management bid for easyJet.</p><p>The U.S. investment firm outbid a rival offer from Castlelake for the British budget airline.</p><p>EasyJet said it would support Apollo's proposal and withdrew support for Castlelake just days after agreeing in principle to a deal.</p><p>The updates sent the carrier's shares soaring during the week.</p><p>:: 46%</p><p>Close to 46% is how much Fast Retailing's profit rose during the previous quarter.</p><p>The Japanese owner of clothing brand Uniqlo said operating profit hit $1.32 billion in the three months through May.</p><p>It managed this while dealing with the Iran war's impact on supply chains and logistics.</p><p>It also put the firm on its way to an expected fifth straight year of record earnings.</p><p>:: 12</p><p>Up to 12 is how many submarines Canada could want Germany's TKMS to build for them.</p><p>TKMS beat out a competing offer from South Korea's Hanwha Ocean.</p><p>Canadian prime minister Mark Carney said Ottawa will now enter talks with the German company.</p><p>"TKMS is the best choice for Canadian workers. It will directly create and sustain an ecosystem of well over 100,000 well-paying jobs across Canada."</p><p>:: $58 billion</p><p>And $58 billion is how much operating profit Samsung flagged for the second quarter. </p><p>The South Korean tech giant expects a 19-fold leap in profits over the quarter from a year earlier, with revenue expected to soar 129%.</p><p>It comes as the global AI boom drives soaring demand for chips, sending prices for silicon sky-high.</p><p>That’s a boost for Samsung, which is the world’s largest maker of memory chips.</p></body>
The world's hottest index finished the week down 7.6% amid artificial-intelligence jitters. South Korea's KOSPI is a hostage to its two biggest constituents—SK Hynix and Samsung. The memory-chip titans finished the week down 10.
South Korea's Kospi led gains across most Asian markets Friday as a record-breaking US share sale by chip titan SK hynix breathed fresh life into the tech sector after weeks of selling.Seoul's Kospi jumped more than five percent at one point Friday before paring the gains, though SK hynix dipped, having added around five percent Thursday.
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