{"id":81409,"date":"2026-07-10T09:20:10","date_gmt":"2026-07-10T09:20:10","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/81409\/"},"modified":"2026-07-10T09:20:10","modified_gmt":"2026-07-10T09:20:10","slug":"mu-sndk-dram-memory-stocks-fall-ahead-of-sk-hynixs-nasdaq-debut-today","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/81409\/","title":{"rendered":"MU, SNDK, DRAM: Memory Stocks Fall Ahead Of SK Hynix’s Nasdaq Debut Today"},"content":{"rendered":"

The see-saw move in U.S. memory stocks continues as the week draws to a close.\n<\/p>\n

SNDK declined 4.3%, while MU and WDC dropped about 3% each.SK Hynix raised $26.5 billion in its U.S. shares sale.Shares will begin trading on Friday under the symbol \u201cSKHY.\u201d<\/p>\n

U.S. memory\u00a0stocks plunged in early premarket trading on Friday, ahead of SK Hynix\u2019s\u00a0listing on\u00a0the Nasdaq.<\/p>\n

SanDisk led the declines, with its stock dropping 4.3%, while Micron and Western Digital slid about 3% each. The Roundhill Memory ETF (DRAM) declined 4%. The moves come\u00a0during a week marked by\u00a0choppy trading in the sector, after MU and SanDisk pulled back from record\u00a0highs last month.<\/p>\n

The South Korean memory giant raised $26.5 billion by issuing 177.9 million American depositary receipts (ADS) priced at $149 each over this week. The share sale tops the $25 billion raised by Chinese e-commerce giant Alibaba in 2014 and is the second biggest in U.S. stock sale on record after SpaceX\u2019s $75 billion offering last month.<\/p>\n

What Does SK Hynix\u2019s US Debut Mean For The Sector?<\/p>\n

SK Hynix said it will use the\u00a0cash raised\u00a0toward expanding its chip-making facilities and purchasing advanced equipment, according to its filing. The company\u2019s Seoul-listed stock has already more than tripled this year, boosted by insatiable global demand for its chips and hardware that go into data centers.<\/p>\n

Amid surging investor interest, the company\u2019s listing gives U.S. investors an alternative \u2013 and a benchmark \u2013 to Micron and other leading memory chipmakers, whose shares have also posted remarkable gains over the past year.<\/p>\n

Retail View On SKHY, Memory Stocks<\/p>\n

On Stocktwits, the retail sentiment for\u00a0SKHY<\/a> moved higher in the \u2018extremely bullish\u2019 zone. The sentiment was \u2018bearish\u2019 for WDC, \u2018neutral\u2019 for DRAM, \u2018bullish\u2019 for MU, and \u2018extremely bullish\u2019 for SNDK, signaling a mixed opinion.<\/p>\n

\u201cSNDK $MU $SKHY Any move you brainiacs make or sentiment you feel today on day 1 is utterly irrelevant and can only be based on emotion. You have to wait till the hynix dust settles to ascertain the situation. Speculate all you want. So have fun if you know better. Spin the wheel and see where you land,\u201d a trader\u00a0wrote<\/a>.<\/p>\n

Another\u00a0wrote<\/a>, \u201c$DRAM Koreans are all up, no reason for this to stay down,\u201d referring to moves in Korean index Kospi.<\/p>\n

For updates and corrections, email newsroom[at]stocktwits[dot]com.<\/p>\n

Read Next:\u00a0META Stock Eyes Best Weekly Finish In Over 2 Months On Muse Spark Boost: AI Chief Promises \u2018More To Come\u2019<\/a><\/p>\n

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Read about our editorial guidelines and ethics policy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The see-saw move in U.S. memory stocks continues as the week draws to a close. SNDK declined 4.3%,…\n","protected":false},"author":2,"featured_media":81410,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[11080,1485,20217,9463,28833,241,240,275,43635,35314,9461,242,10488,43636],"class_list":["post-81409","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sk","tag-memory-stocks","tag-micron","tag-mu-stock","tag-sandisk","tag-sandisk-stock","tag-sk","tag-sk-group","tag-sk-hynix","tag-sk-hynix-listing-today","tag-sk-hynix-nasdaq","tag-sk-hynix-shares","tag-sk-hynix-stock","tag-western-digital","tag-what-is-sk-hynix-stock-price"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/81409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=81409"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/81409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/81410"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=81409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=81409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=81409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}