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

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.

SK Hynix's proposed $28 billion share sale in the US saw demand exceed offerings by seven times. This strong investor response highlights significant appetite for AI supply chain…