SK Hynix’s 30% Gain This Year Under Pressure From Trump Trades.

This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.

Korean retail traders are on course for their biggest monthly withdrawal from the memory chipmaker in at least a decade. With the stock on course for its best January since 2009, market observers say the temptation to take some money off the table is high.

AI leader Nvidia Corp. lost steam this month on concerns over competition and slower growth. Korean investors, meanwhile, have been rotating into non-tech beneficiaries of President Donald Trump’s policies as well as smaller local stocks expected to enact corporate reforms.

Results due Thursday morning from SK Hynix are expected to show record quarterly net income of 5.9 trillion won ($4 billion). That comes as the firm is benefiting from its position as a leading supplier of high bandwidth memory (HBM) chips to work alongside Nvidia’s AI processors.

Source: FINANCE.YAHOO