Goldman Sachs Downgrades SK Hynix to 'Neutral' After Over Three Years
3 day ago / Read about 0 minute
Author:小编   

On Thursday, shares of SK Hynix plummeted 8.8% following Goldman Sachs' decision to downgrade its rating from "Buy" to "Neutral" for the first time in over three years. The downgrade was attributed to concerns regarding the potential impact of advancements made by the company's competitors. Despite its previously robust financial performance, SK Hynix's share price had already been affected by fluctuations in the AI market.