Chey Tae-won, chairman of SK Group, center, Kwak Noh-jung, president and chief executive officer of SK Hynix Inc., center left, and Koh Seung-beom, chairman of SK Hynix Inc., center right, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Friday, July 10, 2026. Michael Nagle | Bloomberg |…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix shares tumbled more than 10% in Seoul on Monday after the chipmaker’s strong Nasdaq debut Friday, as investors locked in profits and weighed whether surging demand for artificial intelligence…
Master | Moment | Getty Images Chip stocks have had a blistering rally over the past year as investors bet on the semiconductor sector’s central role in the global AI infrastructure buildout. But renewed volatility around chip stocks has sparked a debate if this is a sign of broader concern about AI demand. In interviews…
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once…
Next week, several exchange-traded fund companies plan to hit the market with the latest ETFs, offering a way to add leverage to bets on single stocks, in this case, on the South Korean chip giant SK Hynix, which began trading in the U.S. on Friday. The development should come as no surprise: similar SK Hynix…
SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea’s second-most valuable company. The stock is trading under the ticker symbol SKHYV, and will switch to SKHY as of Tuesday. The stock opened at $170 and…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The tech-heavy Nasdaq is down slightly, weighed down by semiconductor stocks, including Micron and Intel . The S & P 500 is relatively unchanged. Investors seem to be making…
POLAND – 2025/09/05: In this photo illustration, an SK hynix logo is seen displayed on a smartphone with the American flag in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test…
CNBC’s Jim Cramer said Thursday that SK Hynix’s upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant risks. “We know the memory chip business is on fire and if you’re willing to accept the volatility, I think…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on June 23, 2026. Jade Gao | AFP | Getty Images South Korea’s stock benchmark, Kospi, has gone from being the world’s hottest equity market…
