SK Hynix shares drop 10% in Seoul the day after blockbuster Nasdaq debut

SK Hynix shares tumbled more than 10% on the Seoul stock exchange on Monday, the day after the chipmaker made a blockbuster debut on the Nasdaq in New York. The sell-off appeared driven by profit-taking following the strong US listing. SK Hynix is a major supplier of high-bandwidth memory chips for the artificial intelligence industry.