SK Hynix's $29-30 billion Nasdaq ADR listing threatens Micron's unique position as the only major US-listed HBM supplier, reshaping semiconductor investing.

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.

SK Hynix has filed to raise up to $29bn through Nasdaq ADRs on July 10, a deal that would top Alibaba’s 2014 record.

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

SK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valuations and greater foreign investor…