SK Hynix plans a $28 billion Nasdaq ADR listing, already 7x oversubscribed, as the AI memory chip leader targets US investors with ticker SKHY on July 10.

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

SK Hynix is marketing a Nasdaq ADR listing targeting up to $29B, potentially rivaling Alibaba's 2014 record as the largest foreign US offering.

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