Shares of memory chip giant SK hynix rise after it bags $26.5B in blockbuster US listing - SiliconANGLE

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 $28 billion U.S. share sale drew strong investor demand and bullish reactions as AI optimism continues to fuel the chipmaker.

The largest ever listing by a foreign firm

Company aims to use proceeds to expand output as AI demand remains strong

South Korean chipmaker SK Hynix has raised around $26.5bn in its US stock market debut.