SKHX is trading 6.95% down at $11.18, as concerns over Chinese rival CXMT’s memory technology pressure memory-chip stocks.
- The move tracks pressure on underlying SK Hynix shares; investors also question chipmakers’ pricing power.
- They are weighing whether massive AI infrastructure investment can be sustained.
- SKHX fell 6.20% on October 13 and 8.41% on October 12; sector concerns are a clearer explanation than modest, mixed moves in U.S. indexes.