Record Profits Meet ~10% Stock Drop: SK Hynix's 'Missed Expectations' Expose Valuation Paradox in AI Compute Investment

The most valuable insight from this article is that SK Hynix's earnings report sent a signal to the market: expectations for AI infrastructure have far exceeded valuations supported by fundamentals. "Beating expectations" is no longer the passing grade; only "massively beating expectations" can maintain stock price stability. For all investors in the AI hardware sector, this represents a significant reset of valuation anchors.