On September 3, SK hynix declined 3.01% overnight, trading at approximately $160.00 per share, with turnover of $37.253 million.
The decline was primarily driven by a significant shift in the HBM competitive landscape. Korean brokerage LS Securities downgraded SK hynix's target price while simultaneously upgrading Samsung Electronics, citing Samsung's notable progress in HBM4 mass production yields. Samsung's HBM4 shipment share reportedly surged from approximately 5% in Q1 to around 35% in Q2. Meanwhile, industry analysis firm SemiAnalysis noted that SK hynix has been facing challenges achieving top HBM4 speeds, forcing the company to redesign its base die chip, which has delayed HBM4 supply deliveries for NVIDIA's Rubin platform.
Adding to the pressure, the broader semiconductor and memory chip sector continued to weaken. Within the Semiconductors sector, Micron Technology fell 0.9%, Broadcom declined 2.11%, Intel dropped 0.31%, and Advanced Micro Devices slid 0.44%, while NVIDIA edged up 0.35%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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