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SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout

SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout
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SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout SK Hynix Inc. shares fluctuated in Seoul, with investors buying into weakness spurred by the AI memory selloff on Wall Street. Shares of the Korean chipmaker fell as much as 4.7% on the Korea Exchange before trimming losses to remain steady. Mirroring the chip heavyweight, the Kospi Index similarly struggled to find direction, rising 0.6% after declining as much as 2.8% after opening.

SK Hynix Shares Waver in Seoul After Wall Street AI Memory Rout SK Hynix Inc. shares fluctuated in Seoul, with investors buying into weakness spurred by the AI memory selloff on Wall Street. Shares of the Korean chipmaker fell as much as 4.7% on the Korea Exchange before trimming losses to remain steady. Mirroring the chip heavyweight, the Kospi Index similarly struggled to find direction, rising 0.6% after declining as much as 2.8% after opening. Local peer Samsung Electronics Co. shares climbed as much as 4.3%.
SK Hynix (ORG) Seoul (LOCATION) SK Hynix Inc. (ORG) AI (ORG) Korean (ORG) the Korea Exchange (ORG) Kospi (PERSON) Samsung Electronics Co. (ORG)
Originally published by Bloomberg Technology Read original →