Korean Chip Stocks Drop Amid HBM Pricing Concerns; Market Wonders If Micron Will Follow
South Korean chip stocks fell sharply after SK Hynix cut its high-bandwidth memory (HBM) pricing, dragging down the broader semiconductor and equipment sectors. The decline spread to U.S.-listed names like Micron Technology, which dropped 5% despite a strong year-to-date performance.
Tickers: $AMAT $AMD $LRCX $MU $SNDK $WDC
Topics: AI hardware KOSPI decline memory stocks Micron Technology (MU) SK Hynix guidance cut