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The South Korean chipmaker's $26.5 billion ADR offering is the largest foreign listing in US history, and investors are already bidding it up before the opening bell.
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SK Hynix is about to make one of the splashiest Wall Street entrances in recent memory. The South Korean memory chip giant priced its American Depositary Receipt offering at $149 per share, but pre-market indications suggest the stock will open around $180, a roughly 21% pop that signals just how hungry investors are for a piece of the AI hardware supply chain.
The company sold 177.9 million ADRs on July 9, 2026, raising approximately $26.5 billion. That figure makes this the largest foreign listing in US history, dethroning Alibaba’s 2014 ADR offering, which had held the crown for over a decade.
