The South Korean memory-chip maker raised $26.5 billion late Thursday.

The offering will be a major test of whether investors are still gaga for memory chip stocks.

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…

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

South Korean chipmaker SK Hynix has raised around $26.5bn in its US stock market debut.

SK Hynix's U.S. debut tests investor belief in the AI boom's durability. The South Korean chipmaker's offering is the second-largest share sale in the United States. This move…

The South Korean memory-chip maker raised $26.5 billion late Thursday.