SK Hynix Stock Declines Amid Concerns Over Profit Estimates, Leading Broader Chip Sector Sell-Off

Chip stocks declined as SK Hynix (SKHY) fell nearly 6% in US trading and dropped 15% in Asia amid concerns over potential profit misses. The sell-off extended to rivals like Samsung Electronics (005930.KS), Micron (MU), Sandisk (SNDK), Western Digital (WDC), Intel (INTC), AMD, Broadcom (AVGO), and Arm Holdings (ARM). This follows SK Hynix's $26.5 billion IPO on Friday.

By Ines Ferré · Senior Business Reporter Updated Mon, July 13, 2026 at 5:36 PM GMT+3 1 min read · Yahoo Finance · July 13, 2026, 14:36 UTC

Tickers: $AMD $ARM $AVGO $INTC $MU $SKHYV $SNDK $WDC

Topics: AI investment concerns semiconductors stock market volatility

Read the full article at Yahoo Finance

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