SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentres

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.

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