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SK Hynix Aims to Raise $29 Billion in US Listing
SK Hynix is targeting to raise $29.4 billion in a historic US listing, signaling continued investment in the chip industry.
24 Jun, 09:10 — 24 Jun, 11:45
The Story
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Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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seeking-alpha
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zerohedge
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seeking-alphaMixed3d ago
SK Hynix targets $29.4B raise in historic U.S. listing
Read full article →zerohedgeLow3d ago
Chip Party Must Go On: SK Hynix To Raise $29 Billion In US Listing
Chip Party Must Go On: SK Hynix To Raise $29 Billion In US Listing About two days after a Chosun media report from South Korea sparked a global sell-off in memory stocks and triggered a 10% crash in the Kospi, a new report states that memory giant SK Hynix is planning a massive $29.4 billion US listing. This move will test investor appetite for another mega AI-linked offering and demonstrate whether markets can absorb another massive listing weeks after the SpaceX IPO. Bloomberg...
By Tyler Durden
Read full article →Coverage Timeline
First report: seeking-alpha · 24 Jun, 09:10|Full coverage: 2 · 3h|Window: 3h
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