On July 29, But Danbin, founder and chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., posted on social media stating, "During major drops, you must dare to buy; I've just spent all my remaining ammunition."

Earlier, he had written, "The 2x leveraged SK hynix ETF is currently down 25.72%. Leveraged tools can amplify gains but also multiply risks. When the tide goes out, the cruelty of market volatility becomes clear. This shows that such leveraged products require extra caution."

But Danbin believes that SK hynix has become one of the landmark companies in this AI cycle. Given the current pace of adjustment, the short-term direction is likely to become clear soon. Of course, over a longer time horizon, only companies with continuously optimizing supply-demand dynamics and steadily improving profitability have the chance to navigate through multiple cycles.

(Note: Leveraged tools carry high risks and high rewards, requiring caution from investors.) Today, SK hynix shares in South Korea once fell over 19.3% during intraday trading, setting a record for the largest single-day drop, before rebounding. As of press time, the decline in SK hynix shares had narrowed to -8.87%. On the same day, SK hynix released its earnings report, showing a 557% increase in second-quarter operating profit, but still missing expectations, further fueling concerns that the AI boom driving the semiconductor industry may be cooling down.