On August 31, SK hynix fell 3.06% overnight, trading at $155.75/share, with turnover of $8.60 million. The decline came as a confluence of macro and regional headwinds weighed on the storage chip sector.

On the macro front, the Federal Reserve chairman recently delivered hawkish remarks, prompting a broad sell-off across semiconductor stocks. Storage chip peers declined in tandem, with Micron Technology down 1.89%, Marvell Technology down 2.05%, Intel down 1.65%, and NVIDIA down 0.63%. The hawkish tone pushed short-term U.S. Treasury yields sharply higher, with the 2-year yield rising 12 basis points to 4.35%.

Compounding the pressure, the Korean equity market experienced a sharp downturn, with investors fleeing en masse. As a flagship Korean memory stock, SK hynix bore the brunt of the regional sell-off. Data shows that leveraged ETFs tracking Samsung Electronics and SK hynix saw roughly $10 billion in cumulative outflows in August, marking the first monthly net outflow since their May launch, as regulatory tightening and cooling AI sentiment accelerated capital withdrawal.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)