What’s the future of AI stock? SK Hynix shares crash to lowest level since Apr as sell-off deepens; down 31% in Oct 2026

SK Hynix shares fell 4.23% to their lowest level since April, extending a seven-session slide that has erased 31% of their value. Jitters over AI spending, Chinese competition and upcoming corporate earnings have pressured chip stocks and broader Asian markets.SK Hynix shares fell 4.23% to their lowest level since April, extending a seven-session slide that has erased 31% of their value. Jitters over AI spending, Chinese competition and upcoming corporate earnings have pressured chip stocks and broader Asian markets.