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Home›US Markets›Sectors›Micron and other chip stocks slide as SK Hynix hits wo…

Micron and other chip stocks slide as SK Hynix hits worst day

Reported · Written up by our desk · Sectors

Micron and other chip-related stocks fell as volatility tied to imported moves from South Korea spread to US semiconductors, according to MarketWatch.

MarketWatch said the SOX chip index saw a broad selloff after SK Hynix logged its worst day in 18 years in South Korea trading.

The report framed the move as contagion from SK Hynix shares, with investors weighing the impact on the broader chip sector through correlated exposure.

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Sources

MarketWatchMicron and other chip stocks feel the pain of imported volatility , blame SK Hynix
MarketWatchMicron and other chip stocks feel the pain of imported volatility , blame SK Hynix

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