SK hynix launches huge US listing amid AI boom
South Korean chip maker SK hynix has set pricing for a major US listing, aiming to raise $26.5bn as demand for artificial intelligence infrastructure continues to drive investor interest in semiconductor companies. The offering is expected to be one of the largest stock sales ever completed on US markets. The company plans to list American depositary shares on Nasdaq later on Friday.SK hynix said the deal involves 177.9 million depositary shares, with each ADS representing one-tenth of a regular share, priced at $149.00 per ADS. The listing has been more than seven times oversubscribed, according to US media reports cited... [Continue Reading]
360LiveNews | 10 Jul 2026 06:30 LONDON
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