Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
IPO
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

SK Hynix shares fall, dragging the entire chip industry lower

CoinNetwork
CoinWix News: SK Hynix’s shares fell 6% on Monday, triggering a broader pullback across the chip sector. Investors chose to take profits as they worried the market was overheated, and SK Hynix’s stock price dropped 15% in Asian markets. A brokerage report from South Korea showed that SK Hynix’s operating profit this quarter may be lower than expected, putting pressure on market sentiment. Rival Samsung Electronics’ shares also fell. In the US, AI memory stocks Micron, SanDisk, and Western Digital all dropped by about 5%. In addition, chip stocks Intel, AMD, Broadcom, and Arm Holdings also fell by around 2% along with the broader market. This decline in the semiconductor sector came after SK Hynix was listed on the US market last Friday, when its US depositary receipts rose nearly 13% on their first day of trading. In this listing, the company raised $26.5 billion, becoming the largest IPO in the US by a foreign company. Semiconductor stocks have been a key driver of this year’s earnings growth, lifting the overall stock market.
SKHY-8.78%
SKHYV-0.98%
MU-4.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 1
  • Share
Comment
Add a comment
Add a comment
GateUser-0d1088ad
· 12h ago
Is it a signal that the semiconductor cycle has topped, or is it simply that there’s too much profit-taking selling pressure?
View OriginalReply0
NeonVortexTunnel
· 16h ago
AI memory concept stocks are broadly green, and Micron and SanDisk are dragged down along with them
View OriginalReply0
PuddingMarketMaker
· 16h ago
Intel and AMD’s old-line chip stocks only fell 2%, so that’s pretty resilient.
View OriginalReply0
SunshineCollector
· 16h ago
Up 13% right after listing, now down 6%—what a roller coaster ride this is.
View OriginalReply0
SentimentIndicatorCollecting
· 16h ago
SK Hynix is dropping quite sharply this round—Asia is down 15% directly.
View OriginalReply0
GateUser-04e4dac2
· 16h ago
The moment a Korean brokerage report came out, the downside from cutting profit expectations was so powerful.
View OriginalReply0

  • Pinned

Sitemap