South Korea's SK Hynix plans to raise $29.43 billion via Nasdaq ADRs, aiming to expand AI chip production and build advanced facilities in Yongin and Cheongju.
SK Hynix will issue 17.79 million new shares
Jun 24, 2026
04:13 pm
What's the storySouth Korea's chip giant, SK Hynix, is all set to raise a whopping $29.43 billion through American Depositary Receipts (ADRs) on the Nasdaq exchange.
The move comes as part of the company's strategy to expand its investor base and increase production capacity for artificial intelligence (AI) chips.
South Korea's SK Hynix says to raise $29 billion in ADR listing - The Economic Times
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South Korea's SK Hynix is set to raise a massive $29.43 billion through American Depositary Receipts on Nasdaq. This significant…
SK hynix is set to raise up to 45.45 trillion won ($29.4 billion) through an American depositary receipt (ADR) offering backed by…
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
SEOUL, June 24 : South Korea's SK Hynix said on Wednesday it plans to raise 45.45 trillion won ($29.43 billion) via the listing…
SK Hynix plans to raise up to $29.4 billion through a Nasdaq ADR listing, funding new chip factories as AI demand for…
SK Hynix targets July 10 Nasdaq ADR listing worth up to $30B as AI chip demand pushes its market cap past $1 trillion and shares…
