🔴 SK Hynix is trading 3.3% down today as Apple explores memory compression tech

SK Hynix is trading at KRW 1,855,000 (3.3% down) as memory-chip stocks retreat on fresh doubts regarding long-term DRAM demand.

• Reports indicate that Apple is exploring memory compression technologies that could significantly reduce future requirements for both DRAM and NAND.
• The news triggered profit-taking in the name, which has seen extreme gains over the past year driven by the AI-led memory boom.
• The move follows a sector-wide pullback as investors reassess the sustainability of high-growth demand in the semiconductor space.