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SK Hynix Plunges 9% as CXMT Fears and US Chip Selloff Hit Asia

A selloff in Asian tech stocks deepened as concerns over China's CXMT next-gen DRAM progress combined with an overnight rout in US chip shares. The KOSPI fell below 6,000 and triggered a circuit breaker, with SK Hynix plunging about 9% and Samsung Electronics down 7-8%. Near term, sentiment and foreign outflows weigh on the stock; the longer-term impact hinges on CXMT's actual ramp-up and memory supply-demand.

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

Related coverage · 13 related reports

  • www.2news.co.kr · 10-13 14:04 KST

    SK Hynix shares fell sharply as concerns spread over China's CXMT rapidly closing the technology gap. Investors worry that China's DRAM capacity expansion will erode Korean makers' pricing power and market share, pressuring SK Hynix's stock and valuation toward a downward correction.

  • 香港經濟日報HKET · 10-13 12:23 KST

    China's CXMT announced core progress in 4F² DRAM technology, fueling fears of worsening memory competition. SK Hynix plunged over 9% intraday while Samsung fell 8%, with the selloff spreading across Asian semiconductor stocks. Investors should brace for valuation correction risks in memory names.

  • Investing.com 香港 - 股市報價& 財經新聞 · 10-13 12:22 KST

    Samsung and SK Hynix faced heavy selling after news of China's memory chip technology breakthrough, dragging Asian indices broadly lower. Retreating oil prices failed to lift sentiment. The memory sector faces repricing pressure from intensifying competition, with volatility likely to persist.

  • Investing.com India · 10-13 12:22 KST

    China's memory technology advances raised concerns over the competitive position of Korea's memory duopoly, sending Samsung and SK Hynix sharply lower and dragging Asian markets down. Falling oil offered no support. Investors should watch how shifting memory supply-demand dynamics affect share prices.

  • Investing.com 한국어 · 10-13 12:17 KST

    China's semiconductor breakthrough sparked fears of intensifying memory competition, sending Samsung and SK Hynix shares plunging and dragging Asian markets lower. Investors are questioning the earnings outlook for Korean memory makers, with near-term downside pressure mounting.

  • Investing.com Australia · 10-13 11:37 KST

    Investing.com reports SK Hynix shares fell sharply today, dragged down by a global chip stock sell-off. As a key AI memory supplier, its stock is highly sensitive to sector sentiment, with further short-term volatility likely.

  • Investing.com 香港 - 股市報價& 財經新聞 · 10-13 11:34 KST

    Investing.com Hong Kong reports SK Hynix shares fell notably today amid a broad Asia-Pacific chip stock decline. Rising concerns over memory demand weigh on the stock, with further downside risk in the near term.

  • 남도일보 · 10-13 11:28 KST

    South Korea's KOSPI fell below the 6,000 mark, with Samsung Electronics and SK Hynix plunging 7-8% each. A broad chip sector rout triggered market panic, and Hynix, as a heavyweight, led declines. Further short-term pressure is likely.

  • Investing.com 香港 - 股市報價& 財經新聞 · 10-13 11:26 KST

    Asia-Pacific markets suffered a 'Black Tuesday' as KOSPI plunged 6%, triggering a circuit breaker, while SK Hynix crashed 9%. A global chip stock sell-off sparked systemic panic, hitting memory leader Hynix hardest. Severe short-term volatility is expected.

  • NDTV Profit · 10-13 11:16 KST

    Asian markets fell broadly today, with KOSPI down 400 points, Nikkei off nearly 3%, and chip stocks routed as SK Hynix plunged 9%. The global semiconductor sell-off is weighing heavily on Hynix, with near-term pressure evident.

  • 전자신문 · 10-13 11:12 KST

    Concerns over Chinese memory maker CXMT's next-gen DRAM progress sent Samsung and SK Hynix shares plunging 7-8%. Fears that Chinese entrants will intensify memory competition are pressuring Hynix's near-term stock performance.

  • 매일경제 · 10-13 11:08 KST

    China's CXMT next-gen DRAM technology sparked market shock, sending Samsung and SK Hynix shares tumbling. Fears that Chinese breakthroughs will reshape competition are pressuring Hynix, a key DRAM supplier, with near-term valuation reassessment risk.

  • CNBC · 10-13 11:08 KST

    CNBC reports SK Hynix and SoftBank shares plunged as Asian tech stocks tracked Wall Street's chip sell-off. Deteriorating global semiconductor sentiment hit Hynix, a core AI memory play, hard, with near-term weakness likely to persist.

SK Hynix Plunges 9% as CXMT Fears and US Chip Selloff Hit Asia · Hynix Board