SK Hynix stock drops 9.92% as semiconductor sector corrects on Broadcom guidance

SK Hynix stock fell 9.92% on Friday, June 5, 2026, dropping from ₩2,298,000 to ₩2,070,000 as a broad semiconductor sector correction unfolded following Broadcom’s disappointing guidance, which signaled slower-than-expected AI chip demand growth.

Broadcom shares plummeted nearly 13% after the company’s forward guidance fell short of elevated investor expectations, raising concerns about margin pressure in the AI buildout. The weakness rippled across the sector, with Samsung Electronics losing as much as 7.5% and other chipmakers also sliding lower.

The decline was so sharp that South Korea’s stock market operator briefly halted trading in the Kospi 200 Futures index after it dropped more than 5%, a circuit breaker designed to reduce excessive volatility. SK Hynix, which supplies high-bandwidth memory for Nvidia, was on track to fall for a third consecutive session by the end of Friday’s trading.

Analysts attributed the move partly to profit-taking after steep run-ups in chip stocks and a recalibration of AI spending expectations. The weaker South Korean won, which fell to its weakest level against the dollar since 2009, also weighed on equities as foreign investors remained net sellers.

Sources

  • StockInvest.us — confirmed SK Hynix stock price decline of 9.92% on June 5, 2026, from ₩2,298,000 to ₩2,070,000
  • Morningstar — reported SK Hynix fell as much as 9.6% as of early afternoon trade and attributed the decline to Broadcom’s disappointing guidance; confirmed Broadcom fell nearly 13% and Samsung lost as much as 7.5%

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