SK hynix's Nasdaq debut on July 10 could be a bearish catalystSandisk CorporationNASDAQ:SNDKSwing_Trader_SaanSK hynix's Nasdaq debut on July 10 could be a bearish catalyst for MU and $SNDK. Here's why: 👇 If SKHY is added to major semiconductor indexes, some ETFs may need to trim existing semiconductor holdings (including MU and SNDK) to make room for the new addition. It's probably not a major catalyst by itself, but it could add incremental selling pressure at a time when both charts already look extended.