Why SK Hynix (SKHX) fell 1.61%
SK Hynix (SKHX) fell 1.61% on November 3, 2026 — Apple's memory-cost warning sparks Korea tech rout.
What happened
SK Hynix fell 1.6% with the Korea Tech selloff, which followed a European and global tech rout triggered by Apple's margin warning on surging memory costs.
Why it moved
SK Hynix is a high-beta global chip name, so a tech rout that starts with an Apple warning spreads quickly to memory makers through shared sentiment and customer exposure.
Why it matters
In the Korea Tech theme, SK Hynix is the HBM leader anchoring the AI memory upcycle. Its moves are increasingly tied to global tech sentiment, not just domestic flows.
What would break the thesis
The chart shows SK Hynix trapped in a cloud-resistance bear flag, so a break below support would extend the downside.