SK Hynix targets July 10 Nasdaq ADR listing worth up to $30B as AI chip demand pushes its market cap past $1 trillion and shares surge 230% year-to-date.

The South Korean chipmaker’s business has soared on booming AI demand.

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…