Retail traders are rushing to trade SK Hynix options after its record $26.5 billion Nasdaq debut, betting on AI memory supply chain dominance and HBM

SK Hynix shares swing in Seoul as an AI memory selloff wipes $1.5 trillion from semiconductor market caps, even as the company's US ADR IPO prices above

Retail traders are rushing to trade SK Hynix options after its record $26.5 billion Nasdaq debut, betting on AI memory supply chain dominance and HBM

SK Hynix's record $26.5B Nasdaq ADR listing has created a nearly 50% valuation premium over Korean shares, driven by AI chip demand and access barriers.

One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds stole a big chunk of the speculative limelight.

SK Hynix ADRs surged 13% on their Nasdaq debut, raising $26.5 billion in the second-largest US share sale ever, driven by AI chip demand.

SK Hynix (NASDAQ: SKHY) stock slid nearly 7% premarket on Wednesday as early investors booked profits following its record-breaking $26.5 billion U.S. cross-listing debut.

SK Hynix listed on Nasdaq under ticker SKHY in a $28-29 billion ADR offering, giving US investors direct access to Micron's biggest rival in the AI memory