SK Hynix Stock Drops Below $140

Published by

Nidhi Kolhapur

July 28, 2026

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SK Hynix stock fell below $140, with its U.S.-listed ADR trading at $139.45, down 11.89% over the past 24 hours, as South Korea’s KOSPI Index plunged more than 8%. The sharp selloff triggered a 20-minute trading halt, marking the market’s eighth circuit breaker of 2026. Weakness in Samsung Electronics and SK Hynix, driven by concerns over AI infrastructure spending, chip demand, and global semiconductor competition, weighed heavily on the benchmark index.

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