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SK Hynix’s Rebound From $470 Billion Rout Hinges on AI Spending

Bloomberg Markets Monday 27 July 2026, 23:30 UTC By Charlotte Yang and Youkyung Lee 1 min read
Key Points

SK Hynix’s Rebound From $470 Billion Rout Hinges on AI Spending A $470 billion rout in just a little over a month has flipped SK Hynix Inc. from one of the world’s hottest AI trades to one of the biggest portfolio question marks. Shares of the South Korean memory chipmaker plunged 38% from their all-time high in June on concerns over overcrowding and a surge in leverage-induced volatility. It’s erased more market value than any other stock in that span globally except SpaceX.

SK Hynix’s Rebound From $470 Billion Rout Hinges on AI Spending A $470 billion rout in just a little over a month has flipped SK Hynix Inc. from one of the world’s hottest AI trades to one of the biggest portfolio question marks. Shares of the South Korean memory chipmaker plunged 38% from their all-time high in June on concerns over overcrowding and a surge in leverage-induced volatility. It’s erased more market value than any other stock in that span globally except SpaceX.
SK Hynix’s Rebound (PERSON) AI Spending SK Hynix’s Rebound (ORG) AI Spending (ORG) SK Hynix Inc. (ORG) AI (ORG) South Korean (ORG) SpaceX. (PERSON)
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