SK Hynix’s Nasdaq debut coincides with mixed moves in U.S. memory-related stocks, with some companies falling and others moving higher during the session. NDTV reports that shares of memory and semiconductor names including SanDisk and Micron trade lower on the day, while Microchip also shows a drop of up to around 5%. Despite SK Hynix’s position in high-bandwidth memory (HBM), the company’s valuation appears lower than some U.S. peers based on LSEG data cited in the report. SK Hynix is described as trading at roughly 5.8 times forward earnings, compared with Micron at about 7 times forward earnings. The coverage frames the moves as part of broader market repricing around the new listing, rather than tied to a single corporate announcement beyond the debut itself. Overall, the report indicates that investor attention on the HBM segment and relative valuation metrics is influencing near-term trading across the memory industry.