SK Hynix shares tumble as ASML announces 10% price hike for replacement parts
On October 13, 2026 SK Hynix Inc. (SKHY) saw its stock drop sharply after reports that ASML will raise replacement‑part prices for its EUV and DUV systems by roughly 10% starting in 2027. Traders cited weakening AI‑memory demand and the looming cost increase as the main drivers of the sell‑off. The decline pushed the share price down to the low $160s, a fall of more than 5% in a single session.
Why it matters
The price decline reflects market concerns that higher equipment‑maintenance costs could compress SK Hynix margins in future quarters, prompting short‑term traders to reassess risk exposure. The move also illustrates how forward‑looking cost announcements can trigger immediate price reactions even when the impact will materialise years later.
Key facts
- 1SK Hynix stock fell 5.44% on October 13, 2026. stockstotrade.com
- 2SK Hynix stock fell 5.36% on October 13, 2026. timothysykes.com
- 3ASML plans to raise replacement‑part prices for EUV and DUV systems by roughly 10% starting in 2027. stockstotrade.com
- 4SK Hynix reported revenue near ₩97.1 trillion. stockstotrade.com
- 5SK Hynix reported revenue roughly ₩97.1 trillion. timothysykes.com
- 6The share price was around $162.23 on October 12, 2026. timothysykes.com
Open questions
- Two materials give different percentages for the same day’s decline: 5.44% vs 5.36%.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.