SK Hynix stock: Up big in H1, down 58% from peak in H2 — is the AI boom losing steam?

SK Hynix, a major memory chipmaker, has seen its stock plummet by 58% from its peak in the summer, raising concerns about the sustainability of the AI-driven memory boom. Investors are now questioning the progress of Chinese rival CXMT, potential higher borrowing costs, and uncertainty over data center spending.