Business · 1h ago
SK Hynix Raises Record $26.5B in US Share Sale
South Korean chipmaker SK Hynix raised $26.5 billion in a US share sale, the largest ever debut by a foreign firm on the Nasdaq. The funds will support its expansion in AI memory chips, including HBM (high-bandwidth memory) for Nvidia. Trading begins Friday, marking a major cross-border capital move in the semiconductor industry.
Meridian48 take
The record listing underscores how AI demand is reshaping global chip financing, but the real test will be whether SK Hynix can maintain its lead against Samsung and Micron.
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South Korean chip giant SK Hynix raises $26.5bn in US share sale →
BBC Technology
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