Memory chip stocks down again today: Why SK Hynix shares are tumbling after its record-breaking IPO
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Shares in memory chip companies slumped across U.S. markets Monday, in a further sign of investor concerns over how much road is left for the AI stock market boom. SK Hynix’s American depository shares were down 8.9% by midday Monday, just days after its blockbuster stock market debut last week, the largest ever U.S. IPO by a foreign company. The chip giant was also the biggest faller in South Kor