SK Hynix priced its American depositary receipts, or ADRs, at $149 each Thursday. They opened Friday at $170 and closed at $168.01.

SK Hynix prices its Nasdaq ADR listing at $149, targeting $28 billion in proceeds with 7x oversubscription, raising questions about AI capital flows vs

SK Hynix targets up to $29.4 billion in a Nasdaq ADR offering, backed by 7x oversubscription, to fund AI chip factory expansion and ASML equipment

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

South Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust global investor interest in AI…

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…