SK Hynix reported Q1 2026 net profit exceeding its entire 2023 revenue, with 72% operating margins, and plans a NASDAQ ADR listing targeting $29.4 billion.

SK Hynix has filed for a Nasdaq listing under SKHY that could raise $29.4 billion to fund new chip factories and advanced manufacturing equipment.

SK Hynix reported Q1 2026 net profit exceeding its entire 2023 revenue, with 72% operating margins, and plans a NASDAQ ADR listing targeting $29.4 billion.

SK Hynix plans a $29.4 billion ADR listing on Nasdaq to fund AI chip expansion, potentially the largest US share sale by a foreign firm in history.

SK Hynix targets $28 billion in net proceeds from its Nasdaq ADR listing, one of the largest foreign company offerings ever, fueled by surging AI memory