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

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

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)...

SK Hynix plans a $29.4 billion Nasdaq ADR listing that could surpass Alibaba's record, fueled by booming AI chip demand.

"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.

Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.

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