Wall Street Opens Mixed: SK Hynix's US Debut Shakes Chip Market

The New York market opened the final trading day of the week with a mixed performance.

Diverging Beats: Dow vs. Nasdaq

At the open, the Dow Jones index rose %0.26 to 52,622.92, while the Nasdaq slipped %0.12 to 26,175.54. The S&P 500 inched up %0.05 to 7,547.64.

SK Hynix's US Debut: A Shockwave Through Semiconductors

South Korea’s second‑largest chipmaker, SK Hynix, raised roughly $26.5 billion at $149 per share on the Nasdaq, signaling renewed investor appetite for the semiconductor sector.

Semiconductor Giants Slide

■Micron Technology shares fell %4.

■Marvell Technology and Lam Research dropped %3.8 and %3.5, respectively.

■Intel and Broadcom declined %3.2 and %3.0.

Geopolitical Tensions and Inflation Anxiety

Escalating tit‑for‑tat attacks between the US and Iran have stoked inflationary pressures, yet investors remain hopeful that diplomatic channels will temper the volatility.

Markets are seeking a balance between SK Hynix's robust capital raise and the short‑term pullback in semiconductor stocks. Over the longer horizon, expanded chip supply and easing geopolitical risks should underpin a sector rebound, but short‑term volatility is likely to persist. Aylin Güneş, Corporate Portfolio Management Strategist