🔴 SK Hynix is trading 9.2% down today amid a sharp semiconductor sell-off

SK Hynix is trading at $141.27, down 9.16%, amid a semiconductor sell-off.

• Reuters said the KOSPI fell about 8% as chipmakers tracked Wall Street losses after sticky U.S. inflation raised rate-hike expectations; SK Hynix was among the hardest hit.
• Bloomberg cited AI-funding and higher-rate concerns weighing on SK Hynix and Samsung.
• Reuters also reported SK Hynix is seeking U.S. approval for more chip-equipment exports to China; reporting does not establish this as today’s main cause.