SK Hynix shares drop 4% on earnings caution despite strong AI demand and tight memory supply.

SK Hynix shares fell 4% ahead of its Q3 2026 earnings report due to concerns over currency effects and higher worker bonuses, despite strong demand for memory chips driven by AI and tight supply conditions. Micron Technology's recent results showed sustained demand and constrained supply, supporting pricing, while SK Hynix faces risks from a stronger Korean won and bonus provisions that may reduce reported earnings. Goldman Sachs expects a mechanical inflow into SK Hynix shares as Samsung Electronics faces outflows from fund rebalancing, potentially supporting SK Hynix stock amid the cautious sentiment. Investors are advised to watch SK Hynix's upcoming earnings and Samsung's preliminary report for clearer market direction.

As of Oct 07, 2026 00:12 WIB, SK Hynix shares on Pluang are down 4.37% at USD 186.50, trading closer to their 52-week high of USD 198.63 than the low of USD 126.79. In contrast, Micron Technology remains relatively stable with a slight 0.11% decline at USD 1,062.76, near its 52-week high of USD 1.21K. SanDisk also fell but less sharply, down 1.97% at USD 1,670.55, well below its 52-week high of USD 2.34K. This shows SK Hynix's sharper drop compared to its peers amid earnings caution, while Micron holds firm as of the same timestamp.