SK Hynix, the South Korean memory chip giant that has quietly become one of the most important companies in the AI supply chain, has chosen Nasdaq as the venue for its upcoming US listing. The company plans to list through American Depositary Receipts, with a potential debut as early as August 2026.

SK Hynix is Nvidia’s largest memory partner. Every AI server gobbling up electricity in a data center somewhere needs high-bandwidth memory chips, and SK Hynix makes them.

The numbers behind the Nasdaq move

SK Hynix filed confidentially with the SEC back in March 2026. Approval of that filing is anticipated around June 22, 2026, setting up a timeline for the August listing window.

The potential fundraising size is staggering: up to $14 billion. That capital would be directed toward expanding production capacity for high-bandwidth memory (HBM) and AI-specific chips.