Nasdaq President Nelson Griggs says SK Hynix's $26.5 billion US listing, oversubscribed 7x, is driving other international companies to consider US IPOs.

SK Hynix's $28B Nasdaq ADR offering is more than 700% oversubscribed, with $7B in anchor interest from Baillie Gifford, Coatue, and others.

The largest ever listing by a foreign firm

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