SK Hynix (NASDAQ:SKHY) Stock Falls 7.9% - Here's What Happened
5 Articles
5 Articles
On the 30th, the KOSPI index plunged more than 3% to close at the 5,730 level. The Korean stock market took a direct hit as the fallout from Alphabet's poor earnings the previous day and spreading concerns over the cost of investing in artificial intelligence (AI) intensified. Foreign investors led the decline by net selling 1.8 trillion won in the KOSPI market. The KOSPI index closed at 5,730.74, down 206.92 points (3.48%) from the previous tra…
Kospi falls 3.48% on October 30, 2026 after 'Alphabet shock': SK hynix loses 7.08 % and foreigners sell 1.6 billion won.
SK Hynix Shares Sink 7% on Nasdaq as AI Spending Panic Overshadows a Record Quarter and Rattles Seoul
SK Hynix shares fell nearly 7% as a global memory-chip sell-off overshadowed record quarterly results, with investors concerned about AI spending, valuation and future supply risks.
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