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SK Hynix ADR Plunges 13.69% as U.S. Semiconductor Stocks Crash on July 16

2026-07-18 07:37:51

SKHY0.89%

NVDA-2.32%

MU-0.55%

TSM-2.97%

According to SBS, on July 16, U.S. semiconductor stocks plummeted, with SK Hynix ADR falling 13.69%, alongside declines in Nvidia (-2.40%), Alphabet (-4.40%), Micron, and other chip-related equities. The selloff rippled across Asia on July 17: Japan's Nikkei 225 index dropped 4.03% to its fifth-largest daily loss on record, while Kioxia Holdings collapsed 16.1%. Taiwan's Taiex fell 6.47% despite TSMC beating profit forecasts. South Korea's stock market avoided direct impact due to the Constitutional Day holiday on July 17, prompting retail investors to express relief online.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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