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Short sellers target SK Hynix's US shares, pushing volatility amid AI chip sector doubts.

Market News
29 Jul 2026
CNBC
View Source
Bearish
pluang ai news

Short sellers have rapidly increased bearish bets on SK Hynix's newly listed U.S. shares, with short interest reaching nearly 13% of the public float. This surge comes just weeks after the South Korean chipmaker's U.S. debut and reflects growing investor skepticism about the sustainability of AI-driven spending that has boosted chip valuations. Despite SK Hynix's strong Q2 earnings growth, its shares have fallen about 13% since listing, contributing to volatility in the semiconductor sector. Some short interest may also be due to arbitrage between U.S. ADRs and Seoul-listed shares, adding complexity to market dynamics.

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