South Korea-based SK Hynix, which primarily makes memory chips, plans to raise $29 billion, reports said. It would be the second-largest IPO after SpaceX.

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…

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.

South Korea's SK hynix, a maker of memory chips for artificial intelligence data centres, said Wednesday it plans to raise 45.45 trillion won ($29 billion) through a listing on…

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

South Korea's SK Hynix plans to raise $29.43 billion via Nasdaq ADRs, aiming to expand AI chip production and build advanced facilities in Yongin and Cheongju.

SEOUL, June 24 — South Korea’s SK hynix, a maker of memory chips for artificial intelligence data centres, said today it plans to raise 45.45 trillion won (US$29 billion)...

The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).

"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…

The world’s second-largest memory chipmaker plans to issue up to 17.79 million new shares. Read more at straitstimes.com. Read more at straitstimes.com.

SK Hynix plans to raise $29.4 billion through a Nasdaq ADR listing on July 10, capitalizing on surging AI-driven demand for high-bandwidth memory chips.

Bringing Taiwan to the World and the World to Taiwan

South Korea-based SK Hynix, which primarily makes memory chips, plans to raise $29 billion, reports said. It would be the second-largest IPO after SpaceX.

SK Hynix plans to raise up to $29.4 billion through a Nasdaq ADR listing, funding new chip factories as AI demand for high-bandwidth memory surges.

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

SK Hynix shares jumped 12% after the chipmaker announced a $29.4B Nasdaq ADR offering, more than doubling its March 2026 target on surging AI chip demand.

SK Hynix plans a $29.65B Nasdaq ADR listing on July 10, 2026, threatening Micron's position as the top US-listed AI memory chip investment.

Comes weeks after record-breaking equity issuance elsewhere in the sector, including Elon Musk's SpaceX