The Financial Post reports in its Tuesday, April 6, edition that Micron Technology shares have slipped of late amid the upcoming U.S. listing of South Korean rival SK Hynix. A Bloomberg dispatch to the Post reports that Micron shares soared almost 50 per cent in January for the second-best performance in the S&P 500 index. Recent concerns about the memory sector and market uncertainty due to the war in Iran have impacted stock performance. Despite gains last week and on Monday, the stock is down nearly 20 per cent from its recent high, with March marking its worst month in nearly four years. Now, SK Hynix, a key supplier to Nvidia, has filed to list its American depositary receipts this year, a deal that could raise as much as $10-billion (U.S.). If that pans out, it would be among the biggest New York debuts by a foreign company. It also would end Micron's status as the only U.S.-listed supplier of dynamic random access memory, or DRAM, chips and give American investors another way to play that part of the artificial intelligence buildout. "You'll see a rotation from quick money from Micron to SK Hynix because currently SK Hynix is trading at lower valuations," notes Amont Partners' Rob Li.