WASHINGTON -- SK Group Chairman Chey Tae-won said Friday that South Korean chip giant SK hynix's debut on the tech-heavy Nasdaq is a "historical mo...

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

SK Hynix plans a $28 billion Nasdaq ADR listing, already 7x oversubscribed, as the AI memory chip leader targets US investors with ticker SKHY on July 10.

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