US stock market opens lower with chip stocks under pressure; SK Hynix ADR tumbles 7% on Monday
- Posted on July 13, 2026
- By Financial Express
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- 1 min read
Technology stocks face significant headwinds as semiconductor companies experience sharp declines in early trading. SK Hynix shares dropped substantially, signaling investor concerns about the sector's sustainability after strong performance throughout the first half of the year. Market volatility in chip stocks reflects broader uncertainties regarding supply chain dynamics, demand forecasts, and competitive pressures within the semiconductor industry, prompting traders to reassess positions.
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