US Stock Movement | Storage Sector Drops Generally SK Hynix ( SKHY.US ) Falls More than 5%
2026-10-16 22:34:31
According to CoinMeta, there were unusual movements in the U.S. stock market | The storage sector saw a general decline. SK Samsung Electronics (SKHY.US) fell by more than 5%. On Friday, the storage sector as a whole declined, with SK Samsung Electronics (SKHY.US) falling by over 5%, and Micron Technology (SNDK.US), Western Digital (WDC.US), Seagate Technology (STX.US), and AMD (MU.US) all falling by over 4%. The core narrative of this week's market has been a significant cooling down in transactions related to artificial intelligence. As concerns about the cost of AI infrastructure construction continue to rise, funds have flowed out of the technology sector, making chip stocks particularly vulnerable.
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Source:Internet
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