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Photo = SK hynix |
[Alpha Biz= Reporter Kim Sangjin] SK Hynix’s stock price dropped to 160,000 won during intraday trading, following negative news from its key partner, NVIDIA.
According to the Korea Exchange on the 19th, SK Hynix’s stock fell by 2.10% to 168,100 won compared to the previous trading day at 9:30 AM.
However, by 10:16 AM, the stock had recovered some of its losses, showing a slight decline of 0.17%, trading at 171,300 won.
SK Hynix is a crucial supplier for NVIDIA, providing High Bandwidth Memory (HBM), which the company virtually monopolizes.
NVIDIA, a global leader in AI semiconductor chips, saw a sharp 1.83% drop in its stock price the previous day due to issues with its AI-specific Blackwell chips. This decline resulted in NVIDIA's market capitalization falling to $3.4379 trillion, losing its position as the most valuable company to Apple, which reached a market cap of $3.4467 trillion.
Reports indicate that NVIDIA has requested multiple design changes for the Blackwell chips from its suppliers in recent months, reportedly due to overheating issues.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
