Medium2026-09-24Short term · Leans negativeLonger term · Neutral

Chip Stocks Hit by Nasdaq Selloff; SanDisk, Micron Slip Up to 4%

A Nasdaq decline triggered broad selling across chip stocks, with memory names like SanDisk and Micron falling as much as 4%, weighing on sentiment for Asian peers including SK hynix. In the short term, the sector-wide pullback could pressure SK hynix shares, but if it reflects a market-wide correction rather than deteriorating fundamentals, the medium-term impact should be limited.

Impact assessments are model-generated from public coverage, for reference only and not investment advice.

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NDTV Profit · 09-24 23:07 KST

Chip Stocks Hit by Nasdaq Selloff: SanDisk, Micron, Others Slip Up to 4%

A broad Nasdaq selloff dragged memory chip names lower, with SanDisk, Micron and Western Digital falling as much as 4%. SK Hynix is exposed to the same sector sentiment, but the drop reflects a market-wide pullback rather than deteriorating fundamentals, so near-term shares may simply track the index.