SK Hynix's $28 billion Nasdaq ADR offering was heavily oversubscribed, with books closing early as investors chase AI memory chip exposure amid HBM

SK Hynix's Nasdaq debut gives U.S. investors a new AI memory play alongside Micron, says Futurum's Shay Boloor.

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