SK Hynix and Western Digital Shares Slump as Chip Selloff Spreads to US Markets

Key Facts

1SK Hynix stock dropped 6% to $153.04 in early trading as the Seoul selloff extended into U.S. markets.

2SK Hynix's Seoul-listed shares posted their fifth consecutive daily decline.

3Western Digital and Seagate shares fell by 7% amid broader sector selling pressure.

SK Hynix stock dropped 6% to $153.04 in early trading as a selloff originating in Seoul markets extended into the United States. 247wallst.com reported that shares of Western Digital and Seagate also fell by 7% amid broader sector selling pressure, marking the fifth consecutive daily decline for SK Hynix's Seoul-listed shares.

SKHY closed at $162.23 on October 12, 2026, while WDC closed at $386.94 on the same date prior to the recent downturn. These price movements follow persistent selling in South Korean markets that has directly impacted global semiconductor investor sentiment.