"A large part of the motivation behind this is no doubt the success of TSMC ADR which is very liquid, trades at a persistent premium to the Taiwan line and is accessed readily by globally investors."

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

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.

World's second-largest memory chipmaker set to expand production capacity

Bringing Taiwan to the World and the World to Taiwan

Memory maker SK hynix files for $29B US IPO amid AI demand - SiliconANGLE