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U.S. Stock Futures Point to Continued Semiconductor Stock Decline, SK Hynix Falls 1.9%

BlockBeats News, July 29th, according to market data from BIT (Bit.com), pre-market trading of US stocks saw a continued decline in semiconductor stocks. SK Hynix (SKHY.O) dropped by 1.9%, Micron Technology (MU.O) dropped by 1.6%, SanDisk (SNDK.O) dropped by 2.3%, and NVIDIA (NVDA.O) dropped by 0.3%.

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Aletheia Capital has raised SK Hynix's price target to around $3,500, far above mainstream institutions.
The craze is shifting from the valuation narrative to the balance sheet and return-on-investment timeline arena
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