South Korea-based SK Hynix, which primarily makes memory chips, plans to raise $29 billion, reports said. It would be the second-largest IPO after SpaceX.
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AI Chip Company Sets $29 Billion U.S. Offering In Another Big-Time IPO
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12:15 PM ET 06/24/2026
SK Hynix, the giant South Korean chipmaker, formally filed on Wednesday to list its stock on the Nasdaq, in what would be another multibillion-dollar, AI-related IPO. The company, which primarily makes memory chips, plans to raise $29 billion, reports said. That would make it the second-largest IPO after SpaceX (SPCX), which went public less than two weeks ago and raised…
Chip giant SK Hynix targets huge $29 billion US listing as AI demand surges
Memory maker SK hynix files for $29B US IPO amid AI demand - SiliconANGLE
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Korean chip giant SK Hynix is about to raise $29B
SK Hynix seeks $29B US listing amid surging memory chip demand
SK Hynix seeks US$29bn with new US listing - Taipei Times
SK Hynix plans to raise up to $29B in US listing, marking one of the largest ADR offerings ever
Comes weeks after record-breaking equity issuance elsewhere in the sector, including Elon Musk's SpaceX
SK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor…
Memory maker SK hynix files for $29B US IPO amid AI demand - SiliconANGLE
The South Korean chipmaker’s business has soared on booming AI demand.
The world’s second-largest memory chipmaker plans to issue up to 17.79 million new shares. Read more at straitstimes.com. Read…
Price range due to be revealed later on July 6. Read more at straitstimes.com. Read more at straitstimes.com.
