Wednesday, 29 July, 2026
Expectation Trap: SK Hynix Shares Plummet 10% Despite Record AI Profits
By TechShots Studio
Nvidia supplier SK Hynix saw its operating profit surge over sixfold to a record high, yet its shares tumbled 10% after missing lofty market forecasts. Shipment delays for advanced DRAM chips capped price gains, triggering investor anxiety over potential pullbacks in big tech's massive AI infrastructure spending, despite management's insistence that underlying AI memory demand remains robust.