SK hynix ADR Stock News

CHICAGO, MILWAUKEE and NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced the launch of the following ETF: YieldMax ® SKHY Option Income Strategy ETF (NASDAQ: YSKH) YSKH seeks to maximize income potential by pursuing options-based strategies on SK hynix Inc. (SKHY). Tidal Investments LLC serves as investment adviser to YSKH.

South Korean chip stocks rallied on Tuesday as renewed enthusiasm for artificial intelligence lifted investor sentiment, with Samsung Electronics and SK Hynix leading gains following Anthropic's public IPO filing. At the time of writing, Samsung shares rose more than 4.2%, while SK Hynix gained over 4%.

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Concerns over the AI trade dragged the Nasdaq down this week, with neoclouds posting some of the steepest losses. Debt markets are roiling, with Meta, Oracle, and Nvidia facing the largest-ever spreads on credit default swaps linked to their corporate bonds.

Micron, SK Hynix and SanDisk shares traded higher on Friday as a rebound in the broader semiconductor sector lifted investor sentiment following a technology-led selloff in the previous session. Micron MU gained more than 3%, while SK Hynix rose over 4% and SanDisk advanced 1.4%.

The memory-chip giant sent out another warning signal for the AI trade overnight.

SK Hynix shares rose 4.4% on Friday after the South Korean chipmaker abandoned plans to pursue a potential US initial public offering of its subsidiary Solidigm. The stock had fallen as much as 3% earlier in the session before reversing course, defying broader market weakness.

The world's second-largest memory chip maker shelved plans for a potential U.S. listing of its memory-chip unit Solidigm in light of market conditions and share price trends.