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Memory Chips

2 stories on Memory Chips, newest first.

4 hours ago3 min read3 sourcesBullish

SK Hynix Pops 13% in a Record $26.5 Billion Nasdaq Debut

SK Hynix, the world's dominant maker of the high-bandwidth memory that feeds Nvidia's AI chips, started trading on the Nasdaq on Friday and jumped about 13% to around $168 on its first day. The debut came via American depositary receipts priced at $149, raising $26.5 billion, the largest US share sale ever by a foreign company, edging past Alibaba's $25 billion in 2014. MarketWatch had flagged the stock as primed for a pop, and it delivered: the pitch was the long-standing 'Korea discount' that left SK Hynix's Seoul-listed shares cheaper than US peer Micron despite its lead in HBM, and a US listing gives global investors a direct route in for the first time.

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2 days ago3 min read3 sourcesBearish

The $2 Trillion Chip Sell-Off Hits a Make-or-Break Level

Semiconductor stocks have shed roughly $2.1 trillion in market value since their June 22 peak, a median drop of about 21%, and the group has now fallen to a technical line that chart-watchers call make-or-break: around 11,950 on the PHLX Semiconductor Index (SOX). Hold it and the sell-off can still be read as a healthy retest that bounces toward 13,000; lose it and the chart points sharply lower, with the next stop near 11,000. Memory chips are the epicenter, with Samsung, Micron and SK Hynix down 25% to 30% from their highs, while Nvidia has erased about $1 trillion in under two months as investors rethink the AI trade.

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SK Hynix Pops 13% in a Record $26.5 Billion Nasdaq Debut

The $2 Trillion Chip Sell-Off Hits a Make-or-Break Level

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