[Special Stock] SK Hynix Plummets as US Stock Market Falls... Breaks Below 200,000 Won Mark

Last night, SK Hynix plummeted, breaking the 200,000 won mark due to the decline in the US stock market.

At 9:38 AM on the 25th, SK Hynix was trading at 195,000 won, down 6.43% from the previous day.

SK Hynix announced second-quarter earnings that exceeded market expectations. Sales reached 16.4232 trillion won, and operating profit was 5.4685 trillion won.

In particular, sales marked a record high for a single quarter. Despite these strong results, investor sentiment froze, seemingly due to the adjustment in the US stock market last night, centered on big tech companies such as Nvidia (-6.08%) and Microsoft (-3.59%).

Kim Seok-hwan, a researcher at Mirae Asset Securities, said, "The US stock market closed sharply lower due to disappointing big tech earnings and concerns about economic slowdown," adding, "The domestic stock market will likely see increased downside risks and a growing preference for safe assets."