SK Hynix’s US ADR listing was more than seven times oversubscribed, sources say, as the chipmaker prepares to price ahead of a 10 July Nasdaq debut.

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

Chip giant SK hynix said Monday it plans to raise up to 43.14 trillion won ($28.14 billion) through a stock offering linked to the listing of its A...