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.

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