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SK hynix
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- 1SK Hynix Shares Fall as Solidigm US IPO Plans Weigh on Mood▼SK Hynix Shares Fall as Solidigm’s Potential US IPO Sours Mood
SK Hynix shares declined amid reports that Solidigm, its US-based NAND flash storage subsidiary, could pursue an initial public offering in the United States. Investors appeared wary of what a listing might mean for the memory chipmaker's valuation and strategy, with the potential IPO said to have soured sentiment around the stock.
- 2KOSPI drops below 7,000 as chip stocks slide after Chuseok●KOSPI falls below 7,000 as chip heavyweights slide after Chuseok
South Korea's KOSPI index fell below the 7,000 mark in trading after the Chuseok holiday, driven by declines in major semiconductor shares such as Samsung Electronics and SK Hynix. The pullback follows a strong run for Korean chipmakers this year, with investors weighing profit-taking and global chip demand concerns as markets reopen after the break.