SEOUL, July 10 : When South Korean billionaire Chey Tae-won attends a bell-ringing ceremony on Friday for SK Hynix's $26.5 billion Nasdaq listing, it will mark the ultimate payoff of a bet many once considered risky: buying a loss-making chipmaker that has since become an AI powerhouse.SK Group's 2012 acquisi

SK Group Chairman Chey Tae-won is set to attend SK hynix’s Nasdaq debut ceremony in New York this week, as the chipmaker moves to court global investors on the

South Korean chipmaker SK hynix faced significant financial challenges after its founding in 1949. SK Group's 2012 buyout and focus on HBM chips fueled its resurgence. Today, SK…

SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.