SK hynix Shares Drop 6% as AI Sector Selloff Intensifies

Key Facts

1SK hynix stock dropped over 6% as the AI-driven selloff intensified across the sector.

2Korean chipmakers are facing pressure from Fed rate fears and rising competition from China.

SK hynix stock dropped over 6% as the AI-driven selloff intensified across the sector. Benzinga reported that Korean chipmakers are facing pressure from Fed rate fears and rising competition from China.

SKHY closed at $147.55 on October 14, 2026, after reaching a session low of $147.13. The decline follows a broader trend of profit-taking in the global technology sector, which has directly impacted the valuations of firms linked to artificial intelligence and semiconductor manufacturing.