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South Korea's SK Hynix says to raise $29 billion in ADR listing - The Economic Times
South Korea's SK Hynix is set to raise a massive $29.43 billion through American Depositary Receipts on Nasdaq. This significant capital infusion aims to bolster its investor base and expand production capacity for crucial AI chips. Funds will be channeled into building a new chip factory in Yongin, an advanced packaging facility in Cheongju, and acquiring state-of-the-art equipment like EUV scanners.
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cryptobriefing.com
SK Hynix seeks to raise up to $33B through new depositary receipts and a US listing
SK Hynix plans to raise up to $33B through new ADRs targeting a US listing in August 2026, funding expansion of its AI-critical High Bandwidth Memory chips.
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channelnewsasia.com
South Korea's SK Hynix says to raise $29 billion in US ADR listing
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 of American Depository receipts (ADR) in the U.S.,…
