SK Hynix Drops 15% Amid Profit Estimate Concerns; Semiconductor Stocks Fall

On July 13, SK Hynix fell sharply by 15% in South Korea after a brokerage report suggested it may miss quarterly profit estimates. The decline affected semiconductor peers like Micron and Seagate. Meanwhile, the Nasdaq Composite dropped over 1%, while gold prices declined as tensions in the Middle East pushed up oil prices.

By Emma Newbery, The Motley Fool Mon, July 13, 2026 at 7:48 PM GMT+3 2 min read · Yahoo Finance · July 13, 2026, 16:48 UTC

Tickers: $MU $SKHYV $SNDK $STX

Topics: earnings season energy gold prices semiconductors stock market decline

Read the full article at Yahoo Finance

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