Meta description: SK Hynix posted a 557% jump in quarterly profit, but the beat came in smaller than expected, deepening concerns that the AI-driven memory chip boom may be starting to decelerate. On paper, a 557% jump in quarterly profit should b…
Meta description: SK Hynix fell as much as 13% and Samsung dropped 10%, dragging Korea's Kospi down 9% as AI circular-financing concerns spread from Wall Street to Asia. Here's what's behind the selloff. Just days after celebrating a hi…
SK Hynix's Nasdaq-listed ADR is trading up to 30% above its Seoul shares after its record $26.5 billion offering exhausted the 2.5% conversion cap, freezing arbitrage until July 29. One of the most unusual stories in global markets right now in…