SK Hynix stock tumbles 11% again: when will this boom-bust cycle finally end?

SK Hynix shares fell as much as 11% in Seoul, unwinding most of Wednesday’s nearly 13% surge after a fresh sell-off hit memory and AI-hardware stocks across Asia. The move suggests a risk-off shift in the sector following a sharp rebound, likely driven by broader tape momentum rather than new company-specific fundamentals.

Analysis

SK Hynix shares fell as much as 11% in Seoul, unwinding most of Wednesday’s nearly 13% surge after a fresh sell-off hit memory and AI-hardware stocks across Asia. The move suggests a risk-off shift in the sector following a sharp rebound, likely driven by broader tape momentum rather than new company-specific fundamentals.