On Friday, semiconductor manufacturing giant SK Hynix began trading at $149 per share, raising about $26.5 billion.

The largest ever listing by a foreign firm

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.

The South Korean chip giant's debut would be the largest US listing by a foreign firm.