SK Hynix Wavers After 4.7% Drop as Wall Street AI Memory Selloff Spills Into Seoul
Updated
Updated · Bloomberg · Jul 14
SK Hynix Wavers After 4.7% Drop as Wall Street AI Memory Selloff Spills Into Seoul
3 articles · Updated · Bloomberg · Jul 14
Summary
SK Hynix shares fell as much as 4.7% in Seoul before paring losses to trade roughly flat, signaling bargain buying after a Wall Street rout in AI memory names.
The broader Kospi mirrored that volatility, swinging from a 2.8% drop at the open to a 0.6% gain as investors reassessed the selloff.
Samsung Electronics moved the other way, rising as much as 4.3%, underscoring uneven sentiment across Korean chip stocks even as AI memory pressure spread from the US market.