South Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rivals like Micron. This move taps into the booming AI chip market, where demand for memory chips is soaring. Previously difficult for American investors to access, the Nasdaq listing on July 10 promises improved liquidity and a fairer valuation for the company.

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.

Over the past 12 months, SK Hynix’s Korea-listed shares and Micron’s stock have gained about 700%.

South Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rivals like Micron. This move taps into the…

South Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a 5% dip on Monday, the chipmaker's…

SK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The proceeds will fund semiconductor…

The largest ever listing by a foreign firm