Shares of SK Hynix, a key supplier for Nvidia’s AI chips, took a hit after Goldman Sachs downgraded the stock, citing concerns over slowing demand and pricing pressures in the memory chip market.

Editor’s Note: SK Hynix is a major player in the high-stakes AI hardware race, so when a heavyweight like Goldman Sachs sours on its outlook, investors pay attention. This isn’t just about one company—it hints at potential cracks in the booming AI supply chain, which has been riding high on sky-high expectations. If memory chip demand cools off, it could ripple out to other tech firms banking on the AI boom.