SK Hynix closed down more than 8% amid a broad decline in the domestic stock market, drawing investors' attention to the future direction of its share price.

Over 8% Decline... Partial Recovery in NXT

In the regular trading session on the 24th, SK Hynix closed at 1,759,000 won, down 160,000 won (8.34%) from the previous trading day. In the after-hours NXT session, the stock partially recovered its losses, trading at 1,781,000 won as of 8 p.m., though it remained down 7.19% compared to the previous day.

The domestic stock market saw a sharp contraction in investor sentiment due to escalating geopolitical tensions between the United States and Iran, leading to a broad sell-off centered on large-cap tech stocks. The KOSPI closed at 6,690.62, down 406.27 points (5.72%) from the previous trading day, adding pressure to semiconductor stocks.

SK Group Chairman Chey Tae-won and NVIDIA CEO Jensen Huang Discuss Expanding AI Cooperation

Meanwhile, corporate-level efforts to strengthen artificial intelligence (AI) partnerships continue. On the 24th, SK Group Chairman Chey Tae-won reportedly met with NVIDIA CEO Jensen Huang in Woodside, California, USA, to discuss ways to expand cooperation in AI infrastructure, advanced semiconductors, and physical AI.

As the two sides are key partners in the AI industry, their exchange of views on broadening the scope of future cooperation is also drawing attention to the potential for business expansion.

'San Francisco AI Declaration'... Global AI and Semiconductor Leaders Gather

In San Francisco, USA, President Lee Jae-myung announced the 'San Francisco AI Declaration,' containing a strategy to foster South Korea's AI industry, at the 'San Francisco AI Summit.' Attendees included Chairman Chey Tae-won, Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Group Chairman Chung Euisun, Naver Chairman Lee Hae-jin, NVIDIA CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Broadcom CEO Hock Tan, among other major figures from the global AI and semiconductor industries.

Through the declaration, President Lee presented a vision to develop South Korea into a key nation in the global AI supply chain. The plan envisions leveraging world-class memory semiconductor competitiveness and production capabilities to emerge as a trusted AI semiconductor production base and supply chain partner. He also outlined a blueprint to grow the country into one that stably supplies core infrastructure necessary for the global AI ecosystem through large-scale AI investments and the expansion of production bases.

Short-term Volatility vs. Mid-to-long-term Investment Points

Some market participants note that while geopolitical risks and global investor sentiment are likely to drive short-term stock price volatility, the expansion of AI semiconductor demand and strengthening global cooperation are expected to continue drawing attention as mid-to-long-term investment themes.

Accordingly, market interest is expected to remain focused on whether SK Hynix can narrow its losses and stage a rebound in the new trading session.

[※ This article is provided as reference material for investment decisions and does not constitute a recommendation to buy or sell any specific stock or guarantee investment returns. The final responsibility for investment decisions lies with the investor.]