SK Hynix Tumbles 36.9% to 1.842 Million Won on July 16, Investors Face Losses

SK Hynix-11.52%
According to News1, SK Hynix shares fell 11.53% to 1.842 million won on July 16, marking a 36.9% decline from its June high. The steep drop has pushed most retail investors into losses, with 295,591 investors showing an average purchase price of 1.811 million won and average returns of just 1.71%, according to Naver Financial. Market concerns about the sustainability of AI infrastructure investments have triggered broad semiconductor sector weakness. SK Hynix will report second-quarter earnings on July 29, with major tech companies' guidance on AI capital expenditures expected around the same time to determine market direction.
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