SK Hynix Slumps After Nasdaq Debut, Chip Stocks Fall Amid Geopolitical Tensions
Chip stocks across Asian markets declined sharply following a poor performance by SK Hynix after its strong Nasdaq debut. The Kospi index halted trading due to steep losses triggered by circuit breakers. Oil prices rose amid renewed tensions in the Strait of Hormuz as U.S.-Iran strikes reignited concerns over regional stability.
Tickers: $SKHYV
Topics: AI trade uncertainty chip stocks Kospi index SK Hynix