SK Hynix raised $26.51 billion in the largest-ever US listing by a foreign company, with shares rising 13% on debut. Here's what it means for AI and crypto

SK Hynix raised $26.5 billion in the largest US listing by a foreign company, debuting on Nasdaq with a 13% first-day gain amid surging AI chip demand.

The Korean memory chip maker set a new record for the largest IPO by a foreign enterprise on a US stock market with its debut on the NASDAQ