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SK Hynix Shares Drop in Seoul After Much-Hyped US Trading Debut
in5points
SK Hynix shares dropped 15% in Seoul after its US trading debut.
The decline reflects investor worries that the AI-driven rally was overstretched.
The drop is the largest on record for SK Hynix.
SK Hynix is a major memory chip supplier for AI applications.
The slump highlights growing caution about AI stock valuations.
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