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Micron and Nvidia slide as SK Hynix drops nearly 15%

SK Hynix’s sharp decline deepened a broader sell-off in chip stocks, with Micron and Nvidia falling in premarket trading.

Reported · Written up by our desk · Equities

CNBC Markets reports that semiconductor shares fell in premarket trading on Tuesday, extending a rout across the sector after SK Hynix plunged nearly 15%.

Micron and Nvidia were among the notable decliners, signaling that the sell-off spread beyond a single company to major US chip names.

The move follows another weak session on Wall Street, as investors continued to cut exposure to semiconductor equities amid the intensifying pressure.

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