🔴 SK Hynix is trading 3.17% down today on Chinese competition concerns

SK Hynix is trading at $151.13, down 3.17%, as concerns about Chinese competition weigh on memory-chip stocks after CXMT announced progress on denser memory architecture.

• The memory-chip sector is down 4.82% in regular trading.
• Reports say some planned HBM4 back-end equipment orders may be delayed until next year, raising expansion-timing concerns; SK Hynix has not commented, and the report does not establish the reason.
• U.S. stocks are also lower after hotter-than-expected headline CPI, adding broader market pressure.