SEOUL, July 10 — South Korean chip giant SK hynix set pricing for its mega US listing on Friday, raising US$26.5 billion as it takes advantage of the AI boom in what will be...

South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be one of the world's largest stock sales.

SK Hynix's $28 billion Nasdaq ADR listing drew 7x oversubscription, with cornerstone investors committing $7 billion as AI chip demand fuels record

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

SK Hynix shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip stocks. The South Korean semiconductor…