SK Hynix seeks $28 billion in US IPO listing as memory maker rides AI wave

Why is South Korean chipmaker giant SK Hynix listing on Nasdaq? Here's why it wants to raise $29.4 billion

SK Hynix plans to raise up to $29.4 billion through a Nasdaq listing. Here's why the AI chip giant is going public in the U.S. and what it means for investors.

Samsung earnings, SK hynix ADR listing to test Kospi rally this week

After a volatile stretch, South Korea's stock market is bracing for two major chipmaker events that could determine its near-term direction: Samsung Electronics' preliminary second-quarter earnings and SK hynix's American depositary receipts listing in the US. Samsung Electronics is widely expected to post record-high earnings on Tuesday, buoyed by the artificial intelligence-driven chip boom. The market consensus calls for revenue of about 170 trillion won ($111 billion) and operating profit of

By The Korea Herald

South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave

South Korean chip giant SK Hynix kicks off $28B US share sale

South Korean chipmaker SK Hynix kicked off on Monday a U.S. share sale to raise 43 trillion won ($28.07 billion) and attracted interest for up to $7 billion ​from major investors,...