SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools
- Posted on July 13, 2026
- By Business News Today
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- 1 min read
SK Hynix experienced a significant market correction following its Nasdaq listing, with shares declining 8% as profit-taking momentum replaced initial enthusiasm. The pullback reflects investor caution regarding semiconductor valuations amid accelerating AI demand. This correction rippled through global chip markets, triggering sell-offs in both Asian and US exchanges. Analysts attribute the weakness to questions surrounding the sustainability of AI-driven growth trajectories and whether current valuations adequately reflect long-term fundamentals in the semiconductor sector.
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