India, Aug. 7 -- Shares of SK hynix Inc. (SKHY) are falling about 4 percent in Friday morning trading after the company announced its decision to build new fabs in Yongin and Cheongju to respond to the continuously growing demand for memory in the AI era.
Shares of the company slipped 4.06 percent to $137.81 on the Nasdaq, compared with the previous closing price of $143.53. The stock has traded in a 52-week range of $124.80 to $194.80.
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