SK Hynix is planning a US listing that could raise up to $14bn as soon as August, riding the AI-memory boom that has lifted its shares 250% and past $1tn.

The US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week of June 22, one of the sources said.

SK Hynix is planning a US listing that could raise up to $14bn as soon as August, riding the AI-memory boom that has lifted its shares 250% and past $1tn.