Chip Stocks Pummeled. SK Hynix Dives. SOX Socked Again.

Chip stocks fell hard for the second straight trading session on Thursday, led by declines for memory-chip makers such as SK Hynix (SKHY). The Philadelphia semiconductor index, known as SOX, slid 4.3% on the stock market today. The SOX includes the 30 largest chip stocks traded in the U.S. Among SOX components, the biggest decliners included recent highflyers such as…