SK Hynix has plunged 58% from its summer peak as investors reassess the AI-driven memory boom. Concerns include Chinese rival CXMT’s progress, potentially higher borrowing costs and uncertainty over the sustainability of spending on data centres and related infrastructure.
SK Hynix has plunged 58% from its summer peak as investors reassess the AI-driven memory boom. Concerns include Chinese rival CXMT’s progress, potentially higher borrowing costs and uncertainty over the sustainability of spending on data centres and related infrastructure.
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