Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company | Fortune

SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy

Shares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.