Nvidia, Micron, AMD sink as SK Hynix results fail to impress, AI trade unwinds
Reported by Yahoo Finance · finance.yahoo.com · July 29, 2026
SK Hynix reported a record second quarter operating profit, which rose 557% from a year earlier but fell short of lofty expectations.
What the tape says
What to watch: NVIDIA Corp. (NVDA, MU) missed estimates by roughly 557% — watch for guidance cuts, which often follow a miss this size.
Market reaction today: $NVDA -2.91%, $AMD -3.49%
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