SK Hynix plans a $28 billion NASDAQ ADR listing to fund AI chip expansion. Here's what the massive offering means for semiconductor and crypto investors.

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 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.