SK Hynix's $28 billion US share sale attracted investor demand exceeding offerings by seven times, driven by optimism around AI supply chain growth and chipmaking advancements.
The funds from the share sale will be used to build new factories
Jul 09, 2026
04:33 pm
What's the storySK Hynix, a leading South Korean memory chipmaker, has witnessed an overwhelming response to its proposed $28 billion share sale in the US.
The demand for the offering exceeded the number of shares on offer by more than seven times, Reuters reported.
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