🔴 SK Hynix is trading 3.08% down today as higher U.S. yields weigh on chip shares

SK Hynix is trading at €1100.00 (-3.08%) as it joins a broader chip selloff.

• Shares reversed early gains on October 8 amid higher U.S. Treasury yields, renewed energy-price concerns and caution about AI-chip valuations.
• Heavy foreign and institutional selling also weighed on South Korean semiconductor shares.
• No clear company-specific negative catalyst was reported; available reporting does not establish a direct link to a specific geopolitical event.