Why Is SK Hynix (SKHY) Stock Down 6.58% Today, Oct 16? AI Financing Fears and CXMT Competition Weigh on Shares
SK Hynix (SKHY) fell 6.58% to $136.49 on October 16, 2026, as China-related competition and equipment-policy uncertainty compounded a broader technology selloff. This draft examines the two strongest drivers, key risks, and the technical levels that could shape the next move.