Jim Cramer Warned US Would “Rue” SK hynix’s (SKHY)’s Market Entry – The Selloff Might Have Proven Him Right

As the outgoing week demonstrated, SK hynix Inc. (NASDAQ:SKHY) is one of the most important stocks in the market. The shares are down by more than 16% over the past five days as investors reacted rather violently to a slate of worrying news regarding the ongoing AI buildout. One major report came in the form of remarks by CXMT President, Dr. Cao Kanyu, who claimed that his firm had progressed in a key memory fabrication technology. Cramer tweeted about the movement in the shares: "High level of fear would normally be attractive. But you have to find buyers of Coreweave bonds, Oracle common stock and SK Hynix, of course.