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, 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…

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