Market sources: Kioxia and SanDisk (SNDK.O) have begun production of 10th-generation 3D NAND flash at Fab2 of the Beishang factory.

U.S. ambassador to the U.N. called on Iran to stop attacks and open the Strait of Hormuz.

A Hong Kong-listed 2x daily SK Hynix leveraged ETF has grown to about $13.0 bln AUM in nine months, now the largest single-stock leveraged ETF globally. Its size is roughly twice SK Hynix’s average daily turnover this year and exceeds the combined AUM of leveraged ETFs tracking Micron, NVIDIA, SanDisk and Tesla. On volatile days the ETF and smaller peers can account for roughly 66% of SK Hynix trading volume. SK Hynix and Samsung together represent 57% of the KOSPI weight, with SK Hynix alone at 28%, so swings in this single ETF can move the benchmark. The ETF fell about 25% on Thursday, triggering forced selling and accelerating market-wide volatility.