U.S. Stocks in Motion | "The Big Short" Increases Short Position in Memory Chip Stocks; SK Hynix (SKHY.US) Falls Over 4%

Zhito Finance APP has learned that on Wednesday, SK Hynix (SKHY.US) opened lower and moved downward, falling more than 4% as of press time, with a market value of approximately $1.37 trillion. On the news front, "Big Short" Michael Burry published another post, expressing clear doubts about the valuations of memory chip manufacturers and further increasing his short positions in memory chip stocks such as Micron Technology. He described the share prices of these companies as having "risen to absurd levels relative to their own fundamentals," and predicted that once the cycle reverses, the relevant stocks will face "severe selling."