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SK Hynix Stock Drops Below $140

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Nidhi Kolhapur

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.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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