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The AI Feedback Loop Is Reversing

Asia's AI Stress Test

SK Hynix wasn't just another semiconductor stock, it became the heartbeat of the global AI trade. As one of the market's most crowded and leveraged positions starts to unwind, the question extends far beyond a single stock. Is this merely an SK Hynix correction, or the first real stress test for the broader AI trade?

The SK Hynix bear