On the 18th morning, SK hynix shares are down more than 4%. With two days to go before U.S. Nvidia, the leader in artificial intelligence (AI) semiconductors, reports earnings, caution over results appears to have grown.
As of 10:02 a.m. that day, SK hynix was trading at 5.8 million won on the Korea Exchange, down 260,000 won (4.29%) from the previous day. Just a day after regaining "600,000-nix," the share price is on a decline.
As the "AI bubble theory" that the data center and artificial intelligence markets are overheated is being raised again, Nvidia is set to announce third-quarter (August–October) results at dawn on Thursday Korea time.
Overnight on the New York stock market, Nvidia closed at $186.60, down $3.57 (1.88%) from the prior session.