SK Hynix's American Depositary Receipts fell below the IPO issuance price for the first time, and the chip sector experienced a collective sell-off, and losses further widened since the stock was listed. Although the market is generally optimistic about AI development prospects, investors are still selling off individual semiconductor stocks that surged earlier. The stock is currently down 4% from the issue price of $149. Even though Nvidia and SK Hynix announced plans to build an AI data center with a total installed capacity of over 2 gigawatts in South Korea, the stock price is still falling.

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