SK Hynix raised $26.5B in its Nasdaq ADR debut, with shares surging up to 22%. Tokenized xStocks also launched on Solana as AI chip demand drives crypto

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 has priced its Nasdaq offering of American depositary receipts at $149 apiece, setting the deal at about $26.5 billion. The South Korean memory chipmak

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 shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip stocks. The South Korean semiconductor…

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