Memory chip stocks down again today: Why SK Hynix shares are tumbling after its record-breaking IPO

SKHY fell 9% Monday, just days after its blockbuster public debut. Micron and Sandisk are also seeing a slump amid a semiconductor sell-off. Shares in memory chip companies slumped across U.S. markets Monday, in a further sign of investor concerns over how much road is left for the AI stock market boom.