Cyclical stocks tend to crash in the mid-to-late stages; they often fall when earnings are at their peak. SK Hynix is currently transitioning into a growth stock, so its valuation logic will be completely different.

I originally expected the transition of SK Hynix from a cyclical to a growth stock to be bumpy, but I didn't anticipate it would be this volatile. Fortunately, I bought early and had always planned to hold it long-term until it becomes a 'senior' stock (stable/dividend-focused); otherwise, I really wouldn't have been able to endure this process.