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07-30

The underlying AI structural narrative isn't broken—SK Hynix still secured major long-term customer agreements and record quarterly profits. However, the stock is resetting from overextended sentiment back toward grounded valuation metrics.

SK Hynix Plunges 9% Despite 12x Profit Surge — Is AI Memory Story Broken?
SK Hynix fell 8.98% Tuesday plus 4.79% after hours — net profit up ~12x YoY, but revenue missed targets.That cracked the whole memory chain: SanDisk -14.25%, Micron -8.85%, DRAM ETF -8.89%, 2x leveraged 07709 -18.99%. SOXS +14.45% against SOXL -14.52%, with KOSPI down nearly 28% in a month as the main transmission chain.If even the strongest HBM earnings can't hold share prices and inverse ETFs are at sentiment extremes — is this selloff nearing exhaustion, or just beginning?
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