Woofun AI reports that SK Hynix shares declined by up to 8.2% during early trading on the Seoul stock exchange on Monday, driven by profit-taking activities. This downturn follows a 12.8% price increase recorded on the company's first day of trading on the Nasdaq last Friday.

NH Investment & Securities senior analyst Ryu Young-ho stated that investors are realizing gains following the completion of the U.S. listing, while market sentiment is further dampened by cautious expectations regarding second-quarter earnings. Analysts noted that initial projections for increased HBM4 chip shipments in the second quarter have not materialized significantly.

Additionally, earnings forecasts have been reduced because SK Hynix’s higher exposure to the HBM market relative to Samsung Electronics suggests it will derive less benefit from the recent rally in DRAM chip prices.