Jul. 16 at 3:20 AM
$DELL http://Investing.com -- SK Hynix shares fell 11.3% to ₩1,847,000 on Thursday, erasing the previous session's sharp rise after a broad overnight sell-off in U.S. chipmakers spilled over into Asian chip markets and dragged down the entire Korean technology sector.
The sell-off reflects growing anxiety among investors that the AI-driven chip rally has become too crowded, especially with chips now accounting for an unusually large portion of major stock indexes — a level of concentration that has historically been difficult to maintain...